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Banks seize homes over credit card debt..

Imagine losing your home over a $1500 credit card debt. Crazy, right?
After all, credit card debt is typically unsecured debt, meaning that it’s not collateralized by a lien on your assets (or in English: the bank has no right to take any of your stuff if you can’t pay your credit card bill).
Well, it appears that ‘unsecured’ doesn’t mean what it used to.
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