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Category: US Courts Glossary

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Executory contracts

Contracts or leases under which both parties to the agreement have duties remaining to be performed. If a contract or lease is […]

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Exempt assets

Property that a debtor is allowed to retain, free from the claims of creditors who do not have liens on the property. […]

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Exemptions exempt property

Certain property owned by an individual debtor that the Bankruptcy Code or applicable state law permits the debtor to keep from unsecured […]

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Family farmer

An individual, individual and spouse, corporation, or partnership engaged in a farming operation that meets certain debt limits and other statutory criteria […]

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Face sheet filing

A bankruptcy case filed either without schedules or with incomplete schedules listing few creditors and debts. (Face sheet filings are often made […]

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Contingent claim

A claim that may be owed by the debtor under certain circumstances, e.g., where the debtor is a cosigner on another person’s […]

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Contract

An agreement between two or more people that creates an obligation to do or not to do a particular thing. Source: US […]

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Conviction

A judgment of guilt against a criminal defendant. Source: US Courts Glossary

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Counsel

Legal advice; a term also used to refer to the lawyers in a case. Source: US Courts Glossary

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Count

An allegation in an indictment or information, charging a defendant with a crime. An indictment or information may contain allegations that the […]

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Court reporter

A person who makes a word-for-word record of what is said in court, generally by using a stenographic machine, shorthand or audio […]

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Court

Government entity authorized to resolve legal disputes. Judges sometimes use “court” to refer to themselves in the third person, as in “the […]

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Credit counseling

Generally refers to two events in individual bankruptcy cases: (1) the “individual or group briefing” from a nonprofit budget and credit counseling […]

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Creditor

A person to whom or business to which the debtor owes money or that claims to be owed money by the debtor. […]

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Damages

Money that a defendant pays a plaintiff in a civil case if the plaintiff has won. Damages may be compensatory (for loss […]

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

De facto

Latin, meaning “in fact” or “actually.” Something that exists in fact but not as a matter of law. Source: US Courts Glossary

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

De jure

Latin, meaning “in law.” Something that exists by operation of law. Source: US Courts Glossary

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

De novo

Latin, meaning “anew.” A trial de novo is a completely new trial. Appellate review de novo implies no deference to the trial […]

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Debtor’s plan

A debtor’s detailed description of how the debtor proposes to pay creditors’ claims over a fixed period of time. Source: US Courts […]

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Debtor

A person who has filed a petition for relief under the Bankruptcy Code. Source: US Courts Glossary

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Declaratory judgment

A judge’s statement about someone’s rights. For example, a plaintiff may seek a declaratory judgment that a particular statute, as written, violates […]

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Default judgment

A judgment awarding a plaintiff the relief sought in the complaint because the defendant has failed to appear in court or otherwise […]

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Defendant

An individual (or business) against whom a lawsuit is filed. Source: US Courts Glossary

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Deposition

An oral statement made before an officer authorized by law to administer oaths. Such statements are often taken to examine potential witnesses, […]

17 އޮކްޓޫބަރު 202117 އޮކްޓޫބަރު 2021dictionaries, US Courts Glossary

Discharge

A release of a debtor from personal liability for certain dischargeable debts. Notable exceptions to dischargeability are taxes and student loans. A […]

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