Examlex
When a debtor defaults, a secured party who does not choose to retain the collateral must relinquish the security interest to the debtor.
Family Law
A branch of law that deals with matters relating to family relationships, including marriage, divorce, child custody, and property distribution.
Lawyer-Client Relationship
A professional relationship based on trust and confidentiality, where a lawyer provides legal advice and representation to a client.
Decision-Maker
A person or entity authorized to make decisions, often within an organizational or judicial context.
Financial Loss
The monetary value reduction in an asset or the occurrence of expenses outweighing revenues.
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