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A deed in lieu of foreclosure is a legal agreement where a borrower voluntarily transfers property ownership to a lender to avoid foreclosure. This process allows for a smoother transition and often reduces negative impacts on credit history. Understanding its mechanics can help borrowers make informed decisions in financial distress.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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