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Bankruptcy at Law Glossary

What is it? A legal proceeding that relieves you of the responsibility of paying your debts or provides you with protection while attempting to repay your debts.

Legal Definition Added By: Xavier

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We hope you now understand the meaning of Bankruptcy. If you need any more information on this term, please don't hesitate to contact us.

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Legal Term ASYLUM SEEKER is A foreigner, already in the U.S. or at the border, who seeks refuge, claiming an inability or unwillingness to return to the home country because of a well-founded fear of persecution.

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