Examlex
__________ or __________ describe exactly what actions are to be taken in specific situations.
Repossess
The act of taking back possession of property by a seller or lender from the buyer or borrower, typically due to failure to meet payment or other terms.
Discharge
The release or dismissal of an individual from an obligation, duty, or debt.
Bankruptcy Administrative
Pertaining to the administrative process involved in handling the affairs of an individual or business declared bankrupt, including management of assets and debts.
Back Taxes
Taxes that have not been paid when due.
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