glossary

Glossary

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Title: damages
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Damages is money awarded by the court to make up for injury or loss that a party suffered.

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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.

Title: debtor
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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.

Title: debts
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Debts are money that a person owes, for example, a mortgage, line of credit, or car loan.

Title: deed
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A deed is a legal document that proves you are the owner of a specific piece of land (real estate).

Title: default
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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. 

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A default hearing is a court hearing where the person who pays support has to explain why they haven't been making support payments.

Title: defendant
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The defendant is the person or company being sued in court.

Title: defendant
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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.

Title: defendant
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The defendant is the person or company being sued in court.

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