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to+seize+for+a+debt

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  • seize — [siːz] verb [transitive] 1. LAW if the police or another official authority seize goods or property, they take them because they are illegal or because the owner has not paid a debt: • South Korean authorities seized 186,000 fake products in 1999 …   Financial and business terms

  • seize or sue — That phrase referring to a concept that, in British Columbia under the Personal Property Security Act, allows a secured creditor, in regard to consumer goods, to either seize or sue for the goods but not do both. For example, a financial… …   Glossary of Bankruptcy

  • seize — vt seized, seiz·ing 1 or seise: to put in possession of property or vest with the right of possession or succession stand seized of land 2: to take possession or custody of (property) esp. by lawful authority seize drugs as evidence …   Law dictionary

  • Debt of developing countries — The debt of developing countries is external debt incurred by governments of developing countries, generally in quantities beyond the governments political ability to repay. Unpayable debt is a term used to describe external debt when the… …   Wikipedia

  • Debt buyer — A debt buyer is a company, sometimes a collection agency or a private debt collection law firm, that purchases delinquent or charged off debts from a creditor for a fraction of the face value of the debt. The debt buyer can then collect on its… …   Wikipedia

  • United States debt-ceiling crisis — Part of a series of articles on Unit …   Wikipedia

  • IMPRISONMENT FOR DEBT — IMPRISONMENT FOR DEBT, the imprisonment of a debtor who fails to pay his debt on or before the date due. Prevalence in Other Legal Systems Influenced by Roman law (see execution civil law), imprisonment for debt was the most common means of… …   Encyclopedia of Judaism

  • Developing countries' debt — is external debt incurred by the governments of Third World countries, generally in quantities beyond the governments political ability to repay. Unpayable debt is a term used to describe external debt when the interest on the debt exceeds what… …   Wikipedia

  • Nonrecourse debt — Non recourse debt or a non recourse loan is a secured loan (debt) that is secured by a pledge of collateral, typically real property, but for which the borrower is not personally liable. If the borrower defaults, the lender/issuer can seize the… …   Wikipedia

  • Medical debt — refers to debt incurred by individuals due to health care costs and related expenses. Medical debt is different from other forms of debt, because it is usually incurred accidentally or faultlessly. People do not plan to fall ill or hurt… …   Wikipedia

  • Sovereign Debt — Bonds issued by a national government in a foreign currency, in order to finance the issuing country s growth. Sovereign debt is generally a riskier investment when it comes from a developing country, and a safer investment when it comes from a… …   Investment dictionary

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