Examlex
Which of the following can be specific or general?
Mortgage
A loan specifically used to purchase real estate whereby the property itself serves as security for the loan.
Collateral
The property or assets that a borrower offers to a lender as security for a loan.
Bankruptcy Code
The codified system of federal bankruptcy laws that governs the processes and procedures for declaring bankruptcy in the United States, providing legal frameworks for debt discharge and asset liquidation.
Reorganizations
The process of restructuring a company's business or legal structure, often for purposes of profitability, efficiency, or to adapt to new markets.
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