Examlex
A recent study found that:
Bankrupt
A person who has made an assignment in bankruptcy or been forced into bankruptcy through a court order obtained by a creditor, and who has not been discharged from bankruptcy.
Discharged
The release or termination of an obligation, such as debt or duty, under certain conditions.
Security Agreement
A legal contract that grants a lender a security interest in an asset or property offered as collateral for a loan.
Assigned
Transferred or allocated to a party or for a specific purpose.
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