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Lenders are typically compensated for the risk of default with
Pre-Filing Period
The phase before official documents or applications are formally submitted or filed, often involving preparation and review.
Waiting Period
A designated amount of time that must pass before an action can take effect or certain rights can be exercised.
Criminal Liability
Refers to the legal responsibility for a breach of law that is punishable by the state.
Securities Violations
Illegal practices in the trading or issuing of stocks and bonds which include insider trading, fraud, and misrepresentation.
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