Debt Adjustment - Law Dictionary Search Results
debt adjustment
Matched in: Term debt adjustment
bankruptcy
types of relief available to individuals or corporations under the Bankruptcy Code: liquidation (chapter 7), reorganization (chapter 11), debt adjustment for a family farmer (chapter 12), and debt adjustment for an individual with a regular income (chapter 13). … the Bankruptcy Code: liquidation (chapter 7), reorganization (chapter 11), debt adjustment for a family farmer (chapter 12), and debt adjustment for an individual with a regular income (chapter 13). Municipalities may file for bankruptcy under chapter 9. Generally,
Pecuniary liability
Rajkumari Kaushalya Devi v. Bawa Pritam Singh, AIR 1960 SC 1030 (1031): (1960) 3 SCR 570. [Displaced Persons Debt (Adjustment) Act, 1957, s. 2(6)(c)]
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Displaced debtor
Displaced debtor, S. 2(9) of the Displaced Persons (Debts Adjustment) Act 70 of 1951 defines a 'displaced debtor' as meaning
interest
a rate [awarded the defendant legal interest] compare usury qualified residence interest : interest that is deductible from adjusted gross income under federal tax law when it is paid on debt that is secured by one's residence … title or that may be claimed on the ground of equitable relief [claimed an equitable interest in the debtor's assets] executory interest : a future interest other than a remainder or reversion that may take effect upon
No cause for such refusal
Bank of Commerce v. Harcharn Das Loomba, AIR 1963 SC 1707 (1709): (1964) 2 SCR 231. [Displaced Persons Debts Adjustment Act, 1951, s. 19(4)]
Place of residence
Sukh Lal v. State Bank of India, AIR 1967 SC 543 (546): (1967) 1 SCR 317. [Displaced Persons Debts Adjustment Act, 1951, s. 2(6), (10)]
extinguish
cause (as a claim or right) to be void : nullify 3 : to get rid of (a debt or other liability) by payment or other compensatory adjustment ex·tin·guish·able adj ex·tin·guish·ment n
liquidate
vt 1 : to determine by agreement or litigation the precise amount of ;also : to settle (a debt) by payment or other adjustment 2 a : to determine the liabilities and apportion the assets of esp.
bad debt recovery
Matched in: Term bad debt recovery
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