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To: maceng2 who wrote (204094)11/12/2002 12:05:50 PM
From: Horgad  Respond to of 436258
 
In a sense, you could actually screw people who are on the verge of bankruptcy by forgiving their debts. Imagine the chaos the credit card companies could cause if they started forgiving the debts of those in dire straights and then reporting them to the IRS. Weird...