Article III judge

A federal judge who is appointed for life, during "good behavior," under Article III of the Constitution. Article III judges are nominated by the President and confirmed by the Senate.

Source: US Courts Glossary

Assets

Property of all kinds, including real and personal, tangible and intangible.

Source: US Courts Glossary

Assume

An agreement to continue performing duties under a contract or lease.

Source: US Courts Glossary

Automatic stay

An injunction that automatically stops lawsuits, foreclosures, garnishments, and most collection activities against the debtor the moment a bankruptcy petition is filed.

Source: US Courts Glossary