Examlex
Which is not a pat answer?
Attachment
(1) In the context of secured transactions, the process by which a security interest in the property of another becomes enforceable. (2) In the context of judicial liens, a court-ordered seizure and taking into custody of property prior to the securing of a judgment for a past-due debt.
Unsecured Creditor
A creditor who lends money without obtaining specified assets as collateral, thus facing higher risk in case of borrower's bankruptcy.
Family Home
A primary residence where a family lives and conducts their daily activities.
Security Interest
A legal claim or lien on collateral that has been pledged, usually to secure repayment of a loan.
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