Seizure: Canada Debt .ca defines Seizure

Bankruptcy Term Seizure

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Canada Debt has the definition to the bankruptcy and debt term Seizure. Finding answers to terms such as Seizure can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Seizure in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Seizure' is used as follows:

The act of taking possession of property by legal right or process.