Examlex
A person with covert prejudicial feelings towards gays and lesbians would most likely have the slowest reaction times to which of the following word pairs presented using the implicit association test?
Creditor Litigation
Legal proceedings initiated by a creditor to collect debts owed by a debtor who has failed to make payments.
Chapter 7 Bankruptcy
A chapter of the Bankruptcy Code that provides for the liquidation of a debtor's non-exempt assets to pay off creditors.
Automatic Stay
A legal provision that temporarily stops lawsuits, foreclosures, garnishments, and all collection activity against a debtor the moment a bankruptcy petition is filed.
Secured Creditors
Creditors who have a legal right to seize specific assets of the borrower if the borrower fails to repay the debt as agreed.
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