Texas Bankruptcy Laws

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April 23rd, 2005

Over-insured by a mile (Los Angeles Times via Yahoo! News)

Marsha Miller had just landed an attractive rate to refinance her small house in Torrance and was close to wrapping up the deal when the mortgage company made a perplexing demand. A representative told her she would need much more insurance on the 1,200-square-foot home. Rebuilding the place after a fire or some other disaster, the company warned, could cost as much as $490,000, the home’s

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