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Consumer Debtor - Law Dictionary Search Results

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disclosure

disclosure : an act or instance of disclosing: as a : a lender's revelation of information to a consumer under the Truth in Lending Act that enables the consumer to make an intelligent decision about the loan … a corporate insider (as an officer) for approval of a business transaction that involves self-dealing d : a debtor in bankruptcy's revelation to creditors of a bankruptcy plan

Sessions of the peace

days of February, for licensing alehouses and victualling-houses to sell excisable liquors by retail to be drunk or consumed on the premises; and, formerly, for executing the purposes of the (English) Highway Acts, 1835 and 1864, see … Act, 1929, s. 2. Note.--Jurisdiction to try offences in bankruptcy was given by s. 20 of the (English) Debtors Act, 1869, and jurisdiction to try burglary cases by the (English) Burglary Act, 1896, now replaced by s.

debt

debt : a debt that cannot be collected NOTE: An income tax deduction is allowed for bad debts. consumer debt : debt that is incurred by an individual primarily for the purchase of consumer goods or services … laws. Courts disagree whether criminal restitution is a debt under the Bankruptcy Code. The historical practice of imprisoning debtors for nonpayment is no longer used. antecedent debt : debt that is incurred prior to a property transfer

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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

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 … : a sale of property ordered by a court in order to satisfy a creditor's judgment against a debtor foreclosure sale : a sale of property upon default of a mortgage to satisfy the debt judicial sale

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