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  2. List of Philippine legal terms - Wikipedia

    en.wikipedia.org/wiki/List_of_Philippine_legal_terms

    Definition and use A.C., [1] administrative case [2] N/A: English A case brought under administrative law in the form of a quasi-judicial proceeding by an agency of a non-judicial branch of government, or, the Office of the Court Administrator. Normally, such cases are internal disciplinary matters—court cases criminal and civil can be ...

  3. Philippine legal codes - Wikipedia

    en.wikipedia.org/wiki/Philippine_legal_codes

    Thus, while the Civil Code seeks to govern all aspects of private law in the Philippines, a Republic Act such as Republic Act No. 9048 would concern itself with a more limited field, as in that case, the correction of entries in the civil registry. Still, the amendment of Philippine legal codes is accomplished through the passage of Republic Acts.

  4. Debtor - Wikipedia

    en.wikipedia.org/wiki/Debtor

    A debtor or debitor is a legal entity (legal person) that owes a debt to another entity. The entity may be an individual, a firm, a government, a company or other legal person.

  5. Creditor - Wikipedia

    en.wikipedia.org/wiki/Creditor

    An unsecured creditor does not have a charge over the debtor's assets. [2] The term creditor is frequently used in the financial world, especially in reference to short-term loans, long-term bonds, and mortgage loans. In law, a person who has a money judgment entered in their favor by a court is called a judgment creditor.

  6. Civil Code of the Philippines - Wikipedia

    en.wikipedia.org/wiki/Civil_Code_of_the_Philippines

    The Civil Code of the Philippines is the product of the codification of private law in the Philippines. It is the general law that governs family and property relations in the Philippines. It was enacted in 1950, and remains in force to date with some significant amendments. [citation needed]

  7. Assignment of Leases and Rents: Absolutely Collateral

    www.aol.com/news/assignment-leases-rents...

    The rents will then be distributed according to the terms agreed upon by the parties at closing or otherwise at the direction of the lender in order to pay debt service and to accumulate reserves ...

  8. Attachment (law) - Wikipedia

    en.wikipedia.org/wiki/Attachment_(law)

    Attachment is a legal process by which a court of law, at the request of a creditor, designates specific property owned by the debtor to be transferred to the creditor, or sold for the benefit of the creditor. [1] A wide variety of legal mechanisms are employed by debtors to prevent the attachment of their assets.

  9. Lien - Wikipedia

    en.wikipedia.org/wiki/Lien

    garnishment lien—a lien on the debtor's property held by a garnishee. general lien—a possessory lien by which the lien holder may retain any of the debtor's goods in the lien holder's possession until any debt due from the debtor, whether in connection with the retained goods or otherwise, has been paid. Factors, insurance brokers, packers ...