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An agreement by a debtor to continue paying a dischargeable debt after the bankruptcy, usually for the purpose of keeping collateral or mortgaged property that would otherwise be subject to repossession. Source: US Courts Glossary
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A written account of the proceedings in a case, including all pleadings, evidence, and exhibits submitted in the course of the case. Source: US Courts Glossary
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A procedure in a Chapter 7 case whereby a debtor removes a secured creditor's lien on collateral by paying the creditor the value of the property. The debtor may then retain the property. Source: US Courts Glossary
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Send back. Source: US Courts Glossary
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The act of a court setting aside the decision of a lower court. A reversal is often accompanied by a remand to the lower court for further proceedings. Source: US Courts Glossary
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A penalty or other type of enforcement used to bring about compliance with the law or with rules and regulations. Source: US Courts Glossary
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Lists submitted by the debtor along with the petition (or shortly thereafter) showing the debtor's assets, liabilities, and other financial information. (There are official forms a debtor must use.) Source: US Courts Glossary
ބާވަތް:
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A secured creditor is an individual or business that holds a claim against the debtor that is secured by a lien on property of the estate. The property subject to the lien is the secured creditor's collateral. Source: US Courts Glossary
ބާވަތް:
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Debt backed by a mortgage, pledge of collateral, or other lien; debt for which the creditor has the right to pursue specific pledged property upon default. Examples include home mortgages, auto loans and tax liens. Source: US Courts Glossary
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A federal judge who, after attaining the requisite age and length of judicial experience, takes senior status, thus creating a vacancy among a court's active judges. A senior judge retains the judicial office and may cut back his or her workload by as much as …
ބާވަތް:
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The punishment ordered by a court for a defendant convicted of a crime. Source: US Courts Glossary
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A set of rules and principles established by the United States Sentencing Commission that trial judges use to determine the sentence for a convicted defendant. Source: US Courts Glossary
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To separate. Sometimes juries are sequestered from outside influences during their deliberations. Source: US Courts Glossary
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The delivery of writs or summonses to the appropriate party. Source: US Courts Glossary
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Parties to a lawsuit resolve their dispute without having a trial. Settlements often involve the payment of compensation by one party in at least partial satisfaction of the other party's claims, but usually do not include the admission of fault. Source: US …
ބާވަތް:
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A business not authorized to practice law that prepares bankruptcy petitions. Source: US Courts Glossary
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The document that initiates the filing of a bankruptcy proceeding, setting forth basic information regarding the debtor, including name, address, chapter under which the case is filed, and estimated amount of assets and liabilities. Source: US Courts Glossary
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A federal misdemeanor punishable by six months or less in prison. Source: US Courts Glossary
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A person or business that files a formal complaint with the court. Source: US Courts Glossary
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A debtor's detailed description of how the debtor proposes to pay creditors' claims over a fixed period of time. Source: US Courts Glossary