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SubscribeApril 3, 2008 10:15 AM
Fire damage has renter talking bankruptcy
Posted by Elizabeth Rhodes
Q: We had a flash grease fire in the kitchen of our rental house, and the owner's insurance company wants us to pay $99,000 for the damage. We think that's way above the true cost. We don't have renters insurance. There's no way we can pay that amount on our limited pension and disability income, plus the $20,000 I make a year. Are we really liable? Should we start bankruptcy? Can they garnish our incomes?
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