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  2. Creditor - Wikipedia

    en.wikipedia.org/wiki/Creditor

    A creditor or lender is a party (e.g., person, organization, company, or government) that has a claim on the services of a second party. It is a person or institution to whom money is owed. [ 1 ] The first party, in general, has provided some property or service to the second party under the assumption (usually enforced by contract ) that the ...

  3. Debt collection - Wikipedia

    en.wikipedia.org/wiki/Debt_collection

    These agencies are called "first-party" because they are part of the first party to the contract (i.e. the creditor). The second party is the consumer (or debtor). Typically, first-party agencies try to collect debts for several months before passing it to a third-party agency or selling the debt and writing off most of its value.

  4. Subrogation - Wikipedia

    en.wikipedia.org/wiki/Subrogation

    Subrogation is the assumption by a third party (such as a second creditor or an insurance company) of another party's legal right to collect debts or damages. [1] It is a legal doctrine whereby one person is entitled to enforce the subsisting or revived rights of another for their own benefit. [2]

  5. Lien - Wikipedia

    en.wikipedia.org/wiki/Lien

    Perfected liens are those for which a creditor has established a priority right in the encumbered property concerning third-party creditors. Perfection is generally accomplished by taking steps required by law to notify third-party creditors of the lien. The fact that an item of property is in the hands of the creditor usually constitutes ...

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  7. Deed of trust (real estate) - Wikipedia

    en.wikipedia.org/wiki/Deed_of_trust_(real_estate)

    Transactions involving deeds of trust are normally structured, at least in theory, so that the lender/beneficiary gives the borrower/trustor the money to buy the property; the borrower/trustor tenders the money to the seller; the seller executes a grant deed giving the property to the borrower/trustor; and the borrower/trustor immediately executes a deed of trust giving the property to the ...

  8. Kelly Clarkson Seemingly Shades Ex-Husband Brandon ... - AOL

    www.aol.com/kelly-clarkson-seemingly-shades-ex...

    Kelly Clarkson isn’t visiting any ghosts of Christmas past this holiday season.. On Thursday, Dec. 19, the Grammy winner, 42, appeared to throw shade at her ex-husband Brandon Blackstock in a ...

  9. Second party - Wikipedia

    en.wikipedia.org/wiki/Second_party

    Second party may refer to: party of the second part in civil litigation; Second-party source, in a commercial transaction; Second person singular or Second person ...

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