Real Estate Glossary



  Bankruptcy

A proceeding in a federal court in which a debtor who owes more than his or her assets can relieve the debts by transferring his or her assets to a trustee.

 

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Edith Harper, Broker Associate
Prudential The McMillen Real Estate Group
1004 N. Berkeley Blvd., Goldsboro, N. C. 27534
e-mail address - edithharper@realtor.com


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