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Creditor's rights: Quiz

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Question 1: Some lawyers have a specialized practice area focused on the collection of such ________.
Consumer debtCredit (finance)DebtBond (finance)

Question 2: ________ of homes or commercial real estate if the purchaser defaults on payment.
MortgageLienCommon lawForeclosure

Question 3: Representing a creditor's interests in a ________ proceeding.
BankruptcyDebtBond (finance)Insolvency

Question 4: Creditors may also be classed according to whether they are "in possession" of the collateral, and by whether the debt was created as a ________.
Floating chargeBankruptcyLienSecurity interest

Question 5: ________
Credit historyDebt buyerCredit bureauFair Debt Collection Practices Act







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