Consumer Debt - Law Dictionary Search Results
credit repair companies
credit repair companies Private, for-profit businesses that claim to offer consumers credit and debt repayment difficulties assistance with their credit problems and a bad credit report. Source: U.S. Department
Deficiency
relation to any service. [Consumer Protection Act, 1986 (68 of 1986), s. 2 (1) (g)] That part of debt secured by mortgage not realised from sale of mortgaged property. A judgment or decree for the amount of
delinquency
or state of being delinquent b : juvenile delinquency [contributing to the of a minor] 2 : a debt on which payment is overdue [consumer loan delinquencies]
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lien waiver
lien waiver A document that releases a consumer (homeowner) from any further obligation for payment of a debt once it has been paid in full. Lien
Money
coins and paper currency used as circulating medium of exchange, and does not embrace notes, bonds, evidences of debt, or other personal or real estate, Lane v. Railey, 280 Ky 319, 133 SW 2d 74, 79, 81. … credit of the person who offers it, and without the intention of the person who receives it to consume it or apply it to any other use than in turn to tender it to others in discharge
Money Bill
coins and paper currency used as circulating medium of exchange, and does not embrace notes, bonds, evidences of debt, or other personal or real estate, Lane v. Railey, 280 Ky 319, 133 SW 2d 74, 79, 81. … credit of the person who offers it, and without the intention of the person who receives it to consume it or apply it to any other use than in turn to tender it to others in discharge
Surety
the person by whom any security is provided, Wilson v. First Country Trust Ltd., (2001) LR 407 (QB) Consumer Credit Act, 1974 (C 39), s. 189(1). Surety, The person who gives the guarantee is called the surety. … security for another; one that is bound for another. A surety who discharges the liability of the principal debtor is entitled to an assignment of all the securities held by the creditor, and is entitled to contribution
Composition
Mr. Brandenstein) within the original meaning of that expression which -- at least in part -- were not consumed before the transfer to private use, or independently (or additionally) acquired goods, Fisher v. Finanzamt Burgdorf (ECJ), (2002) … satisfaction thereof. Tithe Act, 1832, s. 2, and see TITHES. 3. Also an agreement made between an insolvent debtor and his creditors, by which the latter accept a part of their debts in satisfaction of the whole.
False pretence, obtaining property
pretence, by the Gaming Act, 1845 (8 & 9 Vict. c. 109), s. 47. Obtaining credit, in incurring debt, under false pretences is a misdemeanour punishable by imprisonment, with hard labour up to 12 months, by s. … s. 13 of the (English) Debtors Act, 1869 (32 & 33 Vict. c. 62), and to order and consume a meal at a restaurant without having the means to pay for it is within this s., but
sale
ap·prov·al : a conditional sale whose completion depends on acceptance of the goods by a buyer (as a consumer) receiving them primarily for use with the option to return them if they do not meet his or … purchase the item and takes a security interest in the item with the buyer receiving title when the debt has been fully paid off compare absolute sale in this entry execution sale : a sale carried out
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