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Bankruptcy

Life Settlements Absolute Return, which bought life insurance policies, filed for bankruptcy, declaring $10 million to $100 million in assets and $100 million to $500 million in debts.

WILMINGTON, Del. — Life Settlements Absolute Return, which bought life insurance policies, filed for bankruptcy, declaring $10 million to $100 million in assets and $100 million to $500 million in debts.

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