Across
- 3. A release of a debtor from personal liability for certain [•••]able debts. Notable exceptions to [•••]ability are taxes and student loans. A [•••] releases a debtor from personal liability for certain debts known as [•••]able debts and prevents the creditors owed those debts from taking any action against the debtor or the debtor's property to collect the debts. The [•••] also prohibits creditors from communicating with the debtor regarding the debt, including through telephone calls, letters, and personal contact.
- 4. A judgment awarding a plaintiff the relief sought in the complaint because the defendant has failed to appear in court or otherwise respond to the complaint.
- 7. a charge upon real or personal property for the satisfaction of some debt or duty
- 9. A lawsuit in which one or more members of a large group, or class, of individuals or other entities sue on behalf of the entire class. The district court must find that the claims of the class members contain questions of law or fact in common before the lawsuit can proceed as a [•••].
- 10. the process of making people obey a law or rule
- 12. A debt for which the Bankruptcy Code allows the debtor's personal liability to be eliminated.
- 14. A loan from number of lenders
- 15. when the ownership of property has not been determined. Examples include title to real property in the estate of a person who has died and there is no obvious party to receive title or there appears to be no legal owner of the property, a shipwreck while it is being determined who has the right to salvage the ship and its cargo, or a bankrupt person's property before the bankruptcy court has decided what property is available to creditors or alleged heirs.
Down
- 1. Certain property owned by an individual debtor that the Bankruptcy Code or applicable state law permits the debtor to keep from unsecured creditors. For example, in some states the debtor may be able to [•••] all or a portion of the equity in the debtor's primary residence (homestead [•••]), or some or all "tools of the trade" used by the debtor to make a living (i.e., auto tools for an auto mechanic or dental tools for a dentist). The availability and amount of property the debtor may [•••] depends on the state the debtor lives in.
- 2. In criminal law, the constitutional guarantee that a defendant will receive a fair and impartial trial. In civil law, the legal rights of someone who confronts an adverse action threatening liberty or property.
- 3. obligation of a person to act with reasonable caution or prudence, the violation of which results in liability at law
- 5. someone who acts on behalf of someone else
- 6. Property that is promised as security for the satisfaction of a debt
- 8. Form of security interests over the debtor's assets which may change on a daily bases , such as stock; a grant of a security for a loan on the company's assets in general, and not on any specific asset (US floating lien)
- 11. a requirement to take a particular type of action, that may have a legal basis through a contract.
- 13. A court order requiring someone to appear or produce evidence.