USA Law

Tag: Debt

  • Attachment

    Attachment in United States Attachment Definition Taking into the custody of the law the person or property of one already before the court, or of one whom it is sought to bring before it. A writ for the accomplishment of this purpose. This is the more common sense of the word. Of Persons. A […]

  • Attachment

    Attachment in United States Attachment Definition Taking into the custody of the law the person or property of one already before the court, or of one whom it is sought to bring before it. A writ for the accomplishment of this purpose. This is the more common sense of the word. Of Persons. A […]

  • Collective Bargaining

    Collective Bargaining in the United States Definition The negotiation, administration, and enforcement of written agreements between employers and unions. The agreements set forth joint understandings about policies and procedures governing wages, hours, and other conditions of employment. […]

  • Collective Bargaining

    Collective Bargaining in the United States Definition The negotiation, administration, and enforcement of written agreements between employers and unions. The agreements set forth joint understandings about policies and procedures governing wages, hours, and other conditions of employment. […]

  • Assets

    Assets in United States Assets Definition (Fr. assez, enough). All the Stock in trade, cash, and all available property belonging to a merchant or company. Equivalent to property. 2 Sandf. (N. Y.) 202. The property in the hands of an heir, executor, administrator, or trustee, which is legally […]

  • Assets

    Assets in United States Assets Definition (Fr. assez, enough). All the Stock in trade, cash, and all available property belonging to a merchant or company. Equivalent to property. 2 Sandf. (N. Y.) 202. The property in the hands of an heir, executor, administrator, or trustee, which is legally […]

  • Annuity

    Annuity in United States Annuity Definition (Lat. annuus, yearly). A yearly sum stipulated to be paid to another in fee, or for life, or years, and chargeable only on the person of the grantor. Co. Litt. 144b; 2 Bl. Comm. 40; Lumley, Ann. 1; 5 Mart. (La.) 312; Dav. Ir. 14. An annuity is […]

  • Legal Name

    Legal Name in the United States Name to be Provided on a Financing Statement When the Debtor is an Individual (relating to the Filing Rules) The Uniform Commercial Code establish the name to use when filing a Uniform Commercial Code financing statement against a debtor who is an individual. […]

  • Debentures

    Debentures in United States Practical Information Note: Some of this information was last updated in 1982Bonds issued without security and therefore not protected by any specific lien (in U.S. law) upon property. They are simply the promise of the borrower to pay a certain sum of money at a […]

  • Debentures

    Debentures in United States Practical Information Note: Some of this information was last updated in 1982Bonds issued without security and therefore not protected by any specific lien (in U.S. law) upon property. They are simply the promise of the borrower to pay a certain sum of money at a […]

  • Foreclosure Procedure

    Foreclosure Procedure in the United States Practical Information Note: Some of this information was last updated in 1982 The legal action taken by a lawyer on behalf of a creditor against a debtor who has defaulted in payment on a secured debt or mortgage (in U.S. law). The first steps in […]

  • Kiting

    Kiting in United States Practical Information Note: Some of this information was last updated in 1982The unethical and sometimes illegal practice of issuing checks against a bank account in which there are not sufficient collected funds to cover the check, with the expectation that before the […]

  • Installment Collections

    Installment Collections in United States Practical Information Note: Some of this information was last updated in 1982Receipt of partial payments of debts. Litigation as a means of collecting a small sum should be a last resort; it is expensive, and the judgment (in U.S. law) may be as […]

  • Installment Contract

    Installment Contract in United States Practical Information Note: Some of this information was last updated in 1982An agreement in which credit is extended upon the promise to pay a certain part of a particular debt at certain regular times. The credit may be granted as a loan of money. For […]

  • Installment Credit

    Installment Credit in United States Practical Information Note: Some of this information was last updated in 1982That form of credit that involves the repayment or amortization of an obligation by payments of fixed portions at regular intervals. Installment credit is granted as a loan of money […]