Damages is money awarded by the court to make up for injury or loss that a party suffered.
glossary
Glossary
Debt settlement companies are businesses that promise to help you get rid of your debts. They usually charge you a fee to negotiate with your creditors and make a repayment plan.
A debtor is someone who owes money. For example, a debtor can be someone who owes money on a mortgage, car loan, line of credit, phone bill, or credit card.
Debts are money that a person owes, for example, a mortgage, line of credit, or car loan.
A deed is a legal document that proves you are the owner of a specific piece of land (real estate).
Being in default is when you don’t do something you legally agreed to do. For example, defaulting on a loan means that you didn’t pay back some or all of the money that you owed in the time you were supposed to pay it.
A default hearing is a court hearing where the person who pays support has to explain why they haven't been making support payments.
In civil court, a defendant is the person or company being sued. In criminal court, a defendant is the person who’s been charged with a crime.