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Absolute Bar Rule

Legal definition for Indian law research

Definition

Absolute-bar rule, means the principle that, when a creditor sells collateral without giving reasonable notice to the debtor, the creditor may not obtain a deficiency judgment for any amount of the debt that is not satisfied by the sale, Black Law Dictionary, 7th Edn., p. 7.

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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