mortgage debtor
111Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… …
112Debt restructuring — is a process that allows a private or public company – or a sovereign entity – facing cash flow problems and financial distress, to reduce and renegotiate its delinquent debts in order to improve or restore liquidity and rehabilitate so that it… …
113Short sale (real estate) — A short sale occurs when the proceeds of a real estate sale fall short of the balance owed on the property. [http://www.nolo.com/definition.cfm/Term/51715E63 5BC5 4DCE B5E96F71DFF3D5AB/alpha/S/ Short sale (of house) definition at Nolo.com.]… …
114deficiency judgment — see judgment 1a Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. deficiency judgment …
115Cram down — A cram down or cramdown is the involuntary imposition by a court of a reorganization plan over the objection of some classes of creditors.[1] Contents 1 Home mortgage loans 2 Informal use 3 References …
116Deed — For the British cargo ship, see SS Deed. Property law …
117Antichresis — Antichresis, in civil law, is a contract whereby a person borrowing money of another, hands over his property to the creditor, allowing the use and occupation thereof, for the interest on the money lent.Historically, this contract was used by the …
118secured creditor — see creditor Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. secured creditor …
119Sovereign default — A sovereign default is the failure or refusal of the government of a sovereign state to pay back its debt in full. It may be accompanied by a formal declaration of a government not to pay (repudiation) or only partially pay its debts (due… …
120Acquittance — A document that shows that a debtor has been released from a debt obligation. An acquittance are often given as an indication from the lender to a debtor that the owed amount has been completely repaid and that the lender cannot request further… …
