Examlex
Change verbs to nouns whenever it is possible in order to make your writing sound more formal. For example, use the word "implementation" rather than "implement."
Claims Of Creditors
Rights or entitlements that individuals or entities have to demand payment or other remedies from a debtor as per the legal agreements.
Forbearance
A creditor's agreement to temporarily postpone collection efforts or the enforcement of a debt obligation.
Legally Entitled
Having a legal right or claim to something under the law.
Bilateral Contract
A contract type involving two parties where each promises to perform an act in exchange for the other party's act.
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