Arrearage
Arrearage refers to the amount of money that is overdue in a payment obligation, often accumulating as a result of missed or partial payments. Failure to clear arrearages can lead to penalties, higher interest rates, and legal actions such as repossession or foreclosure.
Ancestry path
Notes
Stemmed from Bankruptcy Project
Generated from sali-legal/LMSS at 3f9ac0c9357b (2026-03-10). JSON