Debtor - Law Dictionary Search Results
cure
be seasonably cured "J. J. White and R. S. Summers"] c : to negate (a default by a debtor in bankruptcy) by restoring the debtor and creditor to their positions before the default vi : to eliminate
deed
warranties of title to the grantee deed of trust : an instrument securing a debt in which a debtor conveys the legal ownership of real property to a trustee to be held in trust for the benefit
fieri facias
sum)] : a writ authorizing a sheriff to seize and sell certain items of the property of a debtor in order to satisfy a creditor's judgment against the debtor see also execution
Keep your definitions linked to case research
accede
to to the covenant] b : to express approval or give consent [the banker asks for collateral. The debtor…s, and transfers some of his property "In re Patterson, 139 F. Supp. 830 (1956)"] 2 : to assume
fraudulent transfer
fraudulent transfer A transfer of a debtor's property made with intent to defraud or for which the debtor receives less than the transferred property's value.
good
than one jurisdiction, are not covered by a certificate of title, and are either the equipment of a debtor or inventory leased by a debtor or·di·nary goods : goods as defined by section 9-103 of the Uniform
chapter 7 (individual bankruptcy)
chapter 7 (individual bankruptcy) A petition designed to liquidate the debtor's property, pay off his or her creditors, and discharge the debtor from his or her other debts. Source:
levy
b : the seizure according to a writ of execution of real or personal property in a judgment debtor's possession to satisfy a judgment debt 2 : an amount levied : tax [providing for a of 3%
recognized market
recognized market : a market in which a secured party sells collateral upon a debtor's default, which does not rely on competitive bidding or haggling, and in which prices are stated publicly and
motion to lift the automatic stay
lift the automatic stay A request by a creditor to allow the creditor to take action against the debtor or the debtor's property that would otherwise be prohibited by the automatic stay. Source: Administrative Office of the
Try the research workspace - 7 days free