A counterclaim is a legal counter-demand that defends against or reduces an existing claim. Discover the details in the article!
Legal Lexicon
A counterclaim is a legal counter-demand that defends against or reduces an existing claim. Discover the details in the article!
The direct debit authorization allows companies to collect payments from an account. Learn more about the process and your rights – read on now!
Defense plea piercing allows third parties to assert objections against the main subject matter. Discover the details in the legal glossary!
Blank assignment explains the transfer of claims without specifying the debtor in detail. Learn more about opportunities and risks – read now!
The subsidiarity of suretyship determines when the guarantor is liable for debts. Curious? Find out in the article how legal certainty is established!
Movable Assets, Enforcement Against Movable Assets
Movable assets include all items that are not real estate. In cases of payment difficulties, enforcement proceedings grant access to such assets. Learn more in the article!
The enforcing creditor initiates the enforcement proceedings in order to collect outstanding claims. Discover more in the detailed article!
The procurement obligation requires the procurement of an item or service. Learn more about this important contract type – discover the encyclopedia article now!
Debt recovery refers to the collection of claims, usually through enforcement measures. Learn more about procedures and rights in the detailed article!
The release of the debtor terminates their payment obligation. Find out how debts can be legally forgiven—discover more in the lexicon now!
A settlement receipt confirms the settlement of a claim. Learn more about its significance and use in everyday legal practice!
The preliminary action is a legal instrument used to have claims reviewed by a court in advance. Curious? Learn more in the lexicon!
Proclamation describes the formal reading or announcement of a text. Discover how tradition and law are connected here!
The promise of immunity is a criminal law agreement offering rewards for useful information. Learn more in the detailed article!
Subordination describes the subordination of one element to another, for example in grammar or law. Discover the many meanings!
The pleading of summons protects against double liability in suretyships. Learn more about its significance and application in legal practice!
The attachment proceedings secure claims through provisional seizure. Learn how it protects assets – discover the article now!
Revolving describes flexible lines of credit with a replenishable credit limit. Learn more about how it works & advantages – now in the glossary!
Notes are digital or handwritten notes for personal organization and ideas. Discover how notes can make your everyday life easier!
Indenture describes a historical contract, often used for binding labor or debts. Curious? Discover the background and meaning in the article!
