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While many financial advisors focus on the “assets” column of clients’ personal balance sheets, fewer spend time helping clients manage the “liabilities” column. Some advisors think affluent households don’t have debt problems warranting professional attention. Others lack professional-level knowledge in credit management.

A new report published by the Urban Institutecan help to open advisors’ eyes and expand their services in this area. Titled Delinquent Debt in America, it is available in PDF format here: www.urban.org/UploadedPDF/413191-Delinquent-Debt-in-America.pdf

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