Examlex
Match the term with the correct response.More than one response may be correct.
Secured Party
An individual or organization that holds an interest in a security agreement on property offered as collateral, ensuring payment or performance of some obligation.
Disposition
In legal and financial contexts, it refers to the act of disposing of an asset through sale, assignment, lease, or other transfer method.
Reaffirmation Agreement
A legal document in which a debtor voluntarily agrees to pay all or a portion of a debt that may otherwise be discharged in bankruptcy.
Special Circumstances
Unique or exceptional conditions that require specific consideration or treatment in legal, social, or other contexts.
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