fraudulent conveyance statute of limitations

#FRAUDULENT CONVEYANCE STATUTE OF LIMITATIONS TRIAL#

Mortgage: The written agreement pledging property to a creditor as collateral for a loan.

Lien: A claim against real or personal property in satisfaction of a debt.

Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent).

(2) The geographic area over which the court has authority to decide cases. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case.

Jurisdiction: (1) The legal authority of a court to hear and decide a case.

Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.

Fraud: Intentional deception resulting in injury to another.

Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default.

following: when used by way of reference to any section of the statutes, mean the section next preceding or next following that in which the reference is made, unless some other section is expressly designated in the reference.

Fiduciary: A trustee, executor, or administrator.

#FRAUDULENT CONVEYANCE STATUTE OF LIMITATIONS TRIAL#

For example, a trial by jury is normally available in 'law' cases but not in 'equity' cases. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. A separate court of 'equity' could order someone to do something or to cease to do something. Equitable: Pertaining to civil suits in 'equity' rather than in 'law.' In English legal history, the courts of 'law' could order the payment of damages and could afford no other remedy.Deed: The legal instrument used to transfer title in real property from one person to another.Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.

Contract: A legal written agreement that becomes binding when signed.

It is based on judicial decisions rather than legislative action.

Common law: The legal system that originated in England and is now in use in the United States.

Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.

Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.

To make such a request is 'to appeal' or 'to take an appeal.' One who appeals is called the appellant.

Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly.

Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.

Terms Used In Missouri Laws > Chapter 428 - Fraudulent Conveyances and Liens

Fraudulent conveyance statute of limitations