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Saddled with $28 million in debts, San Luis Obispo-based wholesale mortgage lender Cameron Financial Group has filed for Chapter 7 bankruptcy protection.

Doing business under the name 1st Choice Mortgage, the company declared less than $984,000 of assets, according to records filed at U. S. Bankruptcy Court in Santa Barbara.

The original newspaper article no longer exists on the Santa Barbara newspaper servers, so we can no longer reference it.

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