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Writ of Possession
A court order granting a party the right to take possession of property, often issued after a judgment in an eviction or foreclosure process.
Debtor in Default
A debtor who has failed to fulfill their payment obligations under the terms of a loan or credit agreement.
Lender
An individual, institution, or entity that provides funds to another with the expectation that the funds will be repaid, often with interest.
Mortgage Owes
Refers to the outstanding balance or the amount still owed by a borrower on their mortgage loan.
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