Debt Relief:Definitions

Revision as of 20:34, 14 November 2004 by MHartley (talk | contribs) (→‎Sue or suit)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Definitions and Common Terms

Garnishee or Garnishment

A creditor legally takes money from your paycheck.

Sue or suit

The creditor takes legal action against you to get the money owed

Liens

Liquidation

Consolidation

Bankruptcy

    *Chapter 7
    *Chapter 13

Retrieved from "https://litwiki.org/index.php?title=Debt_Relief:Definitions&oldid=1972"