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Extra Risk To Borrowing Now
Right now borrowing might be riskier than ever!
Borrowing always has a risk to it.
But right now with the economic downturn and other issues it’s riskier than ever.
In this video I discuss one risk that is rarely being discussed but growing right now.
Check it out and drop me comments with your thoughts.
Resources:
Letho Law:
Video Contents:
0:00 - Intro
1:19 - Disclaimer
1:23 - Always Risky To Borrow
2:53 - Asset Values Under Attack
4:34 - Income Insecurity
5:43 - Growing Banking Issues
6:58 - Faster Foreclosures
10:40 - Conclusion
Shawn
www.rsmlawpllc.com
NOTE: While legal issues are discussed this is education and is not legal advice. It is not a substitute for the advice of an attorney. Please consult your own attorney on your situation and get legal advice about your circumstances. Courts are unpredictable may disagree with the author’s opinions.
This is not financial or investment advice.
P.S. You may get new updates on business issues by following on substack: https://rsmlaw.substack.com/
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#borrowing #risk #downturn
Video Concepts:
Extra Risk To Borrowing Now, borrowing, risk, downturn, borrowing risk, economic risk, foreclosure, business issues, recession, depression, business losses, business issues, your business model, growing your business
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