Examlex
Victims of odometer tampering are eligible to receive up to triple the amount of their damages.
Debtor Defaults
Occurs when a debtor fails to meet the obligations of a loan or financial agreement.
Repossess Collateral
The act of taking back goods or property by a creditor from the borrower when the borrower fails to meet the terms of the loan agreement.
Creditor's Options
The various legal actions or strategies a creditor may use to collect outstanding debts owed by debtors.
Possession
The state or fact of owning or having control of something.
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