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Judgment summons, in English law, a summons issued under the Debtors' Act 1869 (32 & 33 Vict. c. 62) on the application of a creditor who has obtained a judgment for the payment of a sum of money by instalments or otherwise, where the order for payment has not been complied with.
In English and American law, a judgment debtor is a person against whom a judgment ordering him to pay a sum of money has been obtained and remains unsatisfied. Such a person may be examined as to their assets, and if the judgment debt is of the necessary amount he may be made bankrupt if he fails to comply with a bankruptcy notice (in US law, an involuntary petition) served on him by the ...
Supplementary process is a method of debt collection where the debtor who has a court money judgement against him is brought into court, "requiring the judgment debtor to appear at a time and place named therein and submit to an examination relative to his or its property and ability to pay."
The Code of Civil Procedure, 1908 is a ... Application for attachment of movable property not in judgment-debtor’s possession. ... Examination of judgment-debtor as ...
Key takeaways. There are two common types of bankruptcy: Chapter 7 and Chapter 13. Filing for bankruptcy is a time-consuming process that can take years to stop affecting your finances.
When the counterpart of this debt arrangement is a bank, the debtor is more often referred to as a borrower. If X borrowed money from their bank, X is the debtor and the bank is the creditor. If X puts money in the bank, X is the creditor and the bank is the debtor. It is not a crime to fail to pay a debt.
This is an incomplete list of statutory codes from the U.S. states, territories, and the one federal district. Most states use a single official code divided into numbered titles. Pennsylvania's official codification is still in progress.
The Fair Debt Collection Practices Act (FDCPA), Pub. L. 95-109; 91 Stat. 874, codified as 15 U.S.C. § 1692 –1692p, approved on September 20, 1977 (and as subsequently amended), is a consumer protection amendment, establishing legal protection from abusive debt collection practices, to the Consumer Credit Protection Act, as Title VIII of that Act.