Bad Debt - Law Dictionary Search Results
trust
by a court to prevent the unjust enrichment of one who has wrongfully obtained (as through fraud or bad faith) title to the property or a property interest of another called also trust de son tort trust … a spendthrift who is paid income therefrom and that cannot be reached by creditors to satisfy the spendthrift's debts tentative trust : totten trust in this entry testamentary trust : a trust created in a will to
Insurance
judicially construed, and has now acquired a conventional meaning--Chalmers and Owen on Marine Insurance. The policy is very badly drawn, and has more than once been described in words of well-merited judicial abuse: Buller, J. e.g., speaking … of his or her wife, husband, or children, the policy moneys are not subject to his or her debts, unless an intent to defraud creditors be proved. A husband has an insurable interest in the life in
Warrant of Attorney
and so if a material alteration be made in it. If the warrant is good in part, and bad in part, the Court will sustain it quoad the good part. If the fact of the consideration be … a security for the performance of any agreement between the parties; but it does not extinguish an original debt, or affect the right to sue upon it, unless judgment has been signed, for until this is done
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