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London - Chasunoh Fund Faces Bank Foreclosure

Jul 03, 2009 at 09:04 AM

London - The Bank of Ireland is this week threatening foreclosure on a chasunoh fund, which could impact adversely on several Bnei Torah in Eretz Yisroel. About thirty of them, who bought Traders Endowment Policies partly funded by the Bank of Ireland five years ago for the purpose of building up chasunoh funds for their children, risk losing 80% to 90% of these funds due to a decline in...

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