Debt - Law Dictionary Search Results
Debenture
A writing acknowledging a debt a writing or certificate signed by a public officer as evidence of a debt due to some person
Marshalling
of deceased persons, marshalling consists of arranging the assets so as to give effect to the priority of debts, as to legal assets on the one hand, and to the order of assets on the other. now
Abbreviate of Adjudication
Law), an abstract of the decree of adjudication, and of the lands adjudged, with the amount of the debt. Adjudication is that diligence (execution) of the law by which the real estate of a debtor is adjudged
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Adjudication
bankrupt. In Scots Law it signifies the 'diligence' by which land is attached in security and payment of debt, or by which a feudal title is made up in a person holding an obligation to convey without
Assumption
or statement taken for granted; a supposition e.g. a logical assumption. The act of taking (esp. someone else's debt or other obligation) for or on oneself; the agreement to so take e.g. assumption of a debt, Black
reaffirm
reaffirm 1 : to affirm again 2 : to agree to the payment of (a dischargeable debt) with a creditor prior to the discharge of debts in bankruptcy [ed her debt in order to keep
Attachment of debts
Attachment of debts. By (English) R.S.C. 1883, Order XLV., as amended by (English) R.S. C. July, 1902, r. 12, and R.
Bankruptcy notice
place of the 'debtor's summons' (see that title) under the (English) Bankruptcy Act, 1869) to pay a judgment debt for any amount, non-compliance with which notice within a limited time amounts, by s. 1(1)(g) of the (English)
Borrower
for the benefit of the joint family estate he would render the joint family property liable for such debt and it is for his personal benefit the joint family property even in the hands of the sons
Breve perquirere
the plaintiff, qui breve perquisivit; whence the usage of paying 6s. 8d. fine to the Crown where the debt is 40l., and of 10s. where the debt is 100l., etc, is suits and trials for money due
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