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Adjudicated Incompetent
A legal status determined by a court, indicating that an individual lacks the capacity to manage their own affairs due to mental or physical impairment.
Capacity
Refers to the legal ability of a person to enter into binding contracts.
Judicial Lien
A judicial lien is a lien obtained by a creditor through court action, usually after winning a judgment against the debtor, granting the creditor a legal claim on the debtor's property as security for the debt.
Charging Order
A legal order granted to a creditor, giving them the right to attach a debtor's interest in a partnership or an LLC to satisfy the debt.
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