money and financial problems

words of procreation

Words of procreation are the language in a will or deed that indicates a transfer of property to one person and that person's descendants. Typically, the words are used as "to A and the heirs of his body," where A is the person who inherits...

workout

A workout is an arrangement negotiated between a debtor and creditor to manage and resolve a debt, either by paying it off or through loan forgiveness. It is a mutual agreement entered into by a borrower and a lender to reschedule the terms...

writ of garnishment

A writ of garnishment is a court order that compels the seizure or attachment of a defendant's property, or that of a judgment debtor that is in the possession or control of the property. The person or entity in possession of the property is...

write-off

A write-off is an accounting action that removes an asset from the books, typically as a loss or expense, when it is deemed uncollectible or obsolete. This action reduces the value of the asset while simultaneously debiting a liabilities...

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