Examlex
The entry point for raw information from the senses are the ________.
Repossession
The process by which a creditor takes back property or goods from the borrower due to failure to make scheduled payments.
Defaulted
Refers to failing to fulfill a legal obligation, especially failure to pay a debt or appear in court as required.
Foreclosed
The legal process by which a lender takes possession of a property due to the borrower's failure to pay the mortgage.
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