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Chose in Action
A personal right to something not in the holder's possession but recoverable through legal action.
Garnisheeing Order
A garnisheeing order is a legal directive to a third party, typically a bank, to seize or withhold money belonging to a debtor for the purpose of satisfying a judgment against the debtor.
General Security Agreement
A document that provides a lender a security interest in a range of assets of the borrower, serving as collateral for securing loan repayments.
Division 1 Proposal
A formal arrangement under bankruptcy law allowing a debtor to pay creditors over time or compromise on debts.
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