Judgment Creditor - Law Dictionary Search Results
County Courts
Court of Record. Proceedings were removable into a superior court by recordari facias loquelam, or writ of false judgment. Outlawries ofabsconding offenders were here proclaimed. Far more important inferior tribunals have now been established throughout England. They … to any toll, fair, market, or franchise shall come in question' (ss. 40, 48). Also all actions by creditors or legtees for administration of the estate of a deceased person,or for execution of trusts,or for redemption of
trust
title remains in the trustee who has a duty to act affirmatively (as in exercising control, discretion, and judgment) with regard to the property compare passive trust in this entry alimony trust : a trust created often … qualifies for the marital deduction. pro·tec·tive trust : a trust that attempts to shield assets from the beneficiaries' creditors by providing that it is within the trustee's discretion to refuse to pay a beneficiary or that a
Insurance
and other casualties; and, in general, all such information as may be supposed of importance towards guiding the judgments of the underwriters. These accounts are regularly filed, and are accessible to all the subscribers. The principal arrivals … Road Traffic Act,1930, s. 42] is, upon a winding-up, not earmarked for risks but available for the general creditors of the company (South-East Lancashire Insurance Co., 1935, Ch 225). Other provisions require the separation (s. 3) of
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joinder
or prosecution c : a formal answer (as denial of fact) to an issue tendered [moved for summary judgment after of issue] d : a joining into a common transaction [requires the of both spouses "W. M. … when a fraudulent conveyance must first be set aside legally before equitable relief can be granted to a creditor permissive joinder : a joining in a suit as coplaintiffs or codefendants of any parties that share common
Marshalling
ibid., some alteration in the order of administration of solvent estates is provided for. See ADMINISTRATION; Seton on Judgments; Aldrich v. Cooper, (1802) 8 Ves 308; 1 W. & T.L.C., p. 36; 2 ibid., p. 109 et … the assets are liable to be applied for the payment of any debt, marshalling assets in favour of creditors is no longer necessary, but it may sometimes be required between legatees when some of the legacies are
Contribution
co-defendants in contract, if the goods of one be taken by fi. fa. For the whole amount of judgment. There was no contribution among wrongdoers, Merryweather v. Nixan, (1799) 8 TR 186; 2 Sm LC, unless the … or co-debtor is entitled on payment of the debt to a transfer of the securities held by the creditor. Legatees are sometimes compelled to refund and contribute for the payment of debts. In like manner, contribution lies
Crown debts
Act, 1925, that Crown debts shall not affectlands until writ or ordr for the purpose of enforcing the judgment has been issued and registered. See Chitty's Statutes, tit. 'Land,' and titles EXTENT; PREFERENTIAL PAYMENTS. … Crown debts. It is a prerogative of the Crownto claim priority for its debts before all other creditors, and to recover them by a summary process called an extent. See 33 Hen. 8, c. 39. Every
mortgage
in this entry judicial mortgage in the civil law of Louisiana : a mortgage lien that secures a judgment debt and is created by filing a judgment with the recorder of mortgages junior mortgage : second mortgage
Magna Carta
or exiled, or any otherwise destroyed; nor will we pas upon him, nor condemn him, but by lawful judgment of his peers, or by the law of the land. To no man will we sell, to no … satisfactory. It is the prerogative of the Crown to claim priority for taxes and penalties before all other creditors, and to recover by a very prompt and efficacious process, because thesaurus regis est pacis vinculum et bellorum
Uses
in a will as if they were limited by deed, if such was the testator's intent. See the judgment of Jessel, M.R., in Baker v. White, (1875) LR 20 Eq 166. The practical advantages of the system, … or it might be a special trust unlawful, which was created for fradulent purposes, so as to defraud creditors, to defeat the Statute of Mortmain, and the like. If the two following statutes be compared, it will
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