i need to know how much of a debt i am responsible for if i am only entitled to one third of the amount?
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You are responsible for one third of the debt.

If the amount is A and the debt is D, then the net amount is A-D, of which you are entitled to one third, so you would receive ⅓(A-D). That is, one third of the amount A less one third of the debt D.

by Top Rated User (1.2m points)

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