Pretrial Pleadings & Service Of Process In Civil Litigation
Precedent A courtroom determination in an earlier case with details and legal issues just like a dispute presently earlier than a court. Judges will generally “comply with precedent” – meaning that they use the principles established in earlier circumstances to resolve new instances that have comparable information and lift comparable authorized issues.
A decide will disregard precedent if a celebration can present that the earlier case was wrongly determined, or that it differed in some vital method from the current case. Postpetition transfer A transfer of the debtor’s property made after the commencement of the case. Party in curiosity A party who has standing to be heard by the courtroom in a matter to be decided within the chapter case. The debtor, U.S. trustee or chapter administrator, case trustee, and creditors are parties in interest for most issues. Oral argument An alternative for attorneys to summarize their place before the court docket and in addition to answer the judges’ questions. Objection to exemptions A trustee’s or creditor’s objection to the debtor’s attempt to claim sure property as exempt from liquidation by the trustee to collectors. Objection to dischargeability A trustee’s or creditor’s objection to the debtor being released from private legal responsibility for certain dischargeable money owed.
Combating For Rights: Public Curiosity Litigation And Consumer Policy
Redemption A process in a Chapter 7 case whereby a debtor removes a secured creditor’s lien on collateral by paying the creditor the worth of the property. Reaffirmation settlement An agreement by a debtor to continue paying a dischargeable debt after the bankruptcy, often for the aim of maintaining collateral or mortgaged property that might otherwise be topic to repossession. Property of the property All authorized or equitable interests of the debtor in property as of the commencement of the case.
Subordination The act or course of by which an individual’s rights or claims are ranked beneath these of others. Statute of limitations The time inside which a lawsuit have to be filed or a criminal prosecution begun. The deadline can differ, depending on the type of civil case or the crime charged. Statement of intention A declaration made by a chapter 7 debtor regarding plans for dealing with client debts which might be secured by property of the property. Secured creditor A secured creditor is a person or business that holds a claim in opposition to the debtor that is secured by a lien on property of the property. The property topic to the lien is the secured creditor’s collateral.