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9-1 RESOLVING CREDIT PROBLEMS

Horizontales
An act of taking an asset used as collateral and selling it to pay the debt.
The process of informing a credit company of an error on your bill.
A new loan that allows you to make reduced payments, usually on a temporary basis.
A court with limited jurisdiction that resolves cases involving small amounts.
A legal process that allows part of an employee's paycheck to be withheld for payment of a debt.
Verticales
Failure to pay debts as required by agreement or by law.
The person who files the complaint and presents the issues against the defendant.
Records that support your claim.
A letter written to inform a credit company of an incorrect charge on your account
The legal process of taking possession of the house when the borrower does not make the mortgage payment.