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My parents, who are in their 50s, had to borrow $100K in the last 2 years to stay afloat. I’m scared bankruptcy is next. What can I do?
With some effort, they can recover.
Most of us categorize debt as either “good” debtor “bad” debt. However, savvy wealthy individuals recognize that not all debt is created equal.
The lowest debt levels can fall below R15 000 in total outstanding debt, while the highest level can exceed several million rand where home loans and multiple facilities are involved.
Malaysia's household debt is broadly expected to remain manageable in 2026, although it could pose an underlying risk if the ...
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