Examlex
Explain how natural wetland loss can occur by both human and natural causes and discuss two ways humans contribute to natural wetland loss.
Chapter 7 Bankruptcy
A provision of the bankruptcy code that provides for "liquidation," whereby a debtor's non-exempt assets are sold and the proceeds distributed to creditors.
Unsecured
Refers to loans or debts that are not protected by collateral, making them riskier for lenders.
Secured
Refers to loans or debt that are backed by collateral, reducing the risk for lenders and often resulting in lower interest rates for borrowers.
Tax-Exempt
A status that allows an entity or income to be free from federal, state, or local tax under certain conditions.
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