Examlex
Shared derived traits
Default
The failure to fulfill an obligation, especially the failure to make payments on a loan.
Exempt Property
Assets that cannot be seized by creditors to satisfy a debt, as defined by law.
Judgment Debt
An obligation arising from a court's final decision requiring a debtor to pay a sum of money to the creditor.
Personal Property
Assets or possessions that are movable and not permanently fixed to one location, unlike real property or real estate.
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