Common Legal Terms
Agreement
Asset
Bank levy
Breach
Breach (Anticipatory)
Cause of Action (Claim Type)
Collections
Conditional Settlement
Continuance
Counterclaim
Damages
Date of Incorporation
Debtor (Judgement Debtor)
Debtor’s Examination
Default Judgment
Dependent
Demand Letter
Dismiss
Dismissed With Prejudice
Dismissed Without Prejudice
Evidence
Fictitious Business Name
Financial Statement (EJ-165)
Hearing
Installment (payments)
Paying an amount of money owed over time in smaller amounts. Often a Payment Plan is set up that states when each installment will be paid and for how much.