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What Is a Midlife Crisis

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What is a midlife crisis?


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State Procedure

The specific methods and processes established by a state's legal system for handling legal matters, including lawsuits, filings, and court procedures.

Mortgagor

The borrower in a mortgage agreement who pledges property as security for the repayment of the loan.

Default

Failure to fulfill a legal obligation or agreement, particularly in the context of repaying loans.

Repossess

The act of taking back an item, usually property or a vehicle, from a buyer or borrower due to failure to meet the terms of the repayment agreement.

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