proof of debt - general form — Published on 27 Feb 2009 England, Wales The form on which a creditor submits details of its claim in a liquidation … Law dictionary
debt — A sum of money due by certain and express agreement. A specified sum of money owing to one person from another, including not only obligation of debtor to pay but right of creditor to receive and enforce payment. State v. Ducey, 25 Ohio App.2d 50 … Black's law dictionary
debt — A sum of money due by certain and express agreement. A specified sum of money owing to one person from another, including not only obligation of debtor to pay but right of creditor to receive and enforce payment. State v. Ducey, 25 Ohio App.2d 50 … Black's law dictionary
proof — The effect of evidence; the establishment of a fact by evidence. New England Newspaper Pub. Co. v. Bonner, C.C.A.Mass., 77 F.2d 915, 916. Any fact or circumstance which leads the mind to the affirmative or negative of any proposition. The… … Black's law dictionary
Debt deflation — is a theory of economic cycles, which holds that recessions and depressions are due to the overall level of debt shrinking (deflating): the credit cycle is the cause of the economic cycle. The theory was developed by Irving Fisher following the… … Wikipedia
IMPRISONMENT FOR DEBT — IMPRISONMENT FOR DEBT, the imprisonment of a debtor who fails to pay his debt on or before the date due. Prevalence in Other Legal Systems Influenced by Roman law (see execution civil law), imprisonment for debt was the most common means of… … Encyclopedia of Judaism
Uniform Debt-Management Services Act — Consumer debt counseling and management services have been available to individuals with serious credit problems going back to the 1950s. There are generally two kinds of services that have been available. Some of these services have provided… … Wikipedia
judgment proof — adj. Describes a person not worth suing for monetary damages because he or she is insolvent, has no property within a jurisdiction, or is otherwise protected from a judgment for money recoveries. The Essential Law Dictionary. Sphinx Publishing,… … Law dictionary
Recession-proof industries — Some industries are considered by economists as recession proof industries. Goods and services produced by these industries have a low income elasticity of demand and thus business involving these goods remains relatively stable despite the fall… … Wikipedia
informal proof of claim — informal proof of claim: a writing by a creditor that contains a demand for payment of a debt and an intention to hold the debtor s bankruptcy estate liable but that is not in the form prescribed in the Bankruptcy Code for proofs of claim ◇ If an … Law dictionary
