Examlex
What does stand for in the following equation?
Exemptions
Provisions in law allowing certain assets to be protected or income to be free from taxation or legal processes in specific situations.
Bankruptcy Code
The body of federal law under the United States Code that governs the process of bankruptcy in the United States.
Statutory Lien
A legal claim or hold on property, established by statute, as security for the payment of a debt or obligation.
Security Interest
A legal claim or lien on property as security for the payment of a debt or obligation.
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