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LSDefine

Simple English definitions for legal terms

breathing room

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A quick definition of breathing room:

Term: Breathing Room

Definition: Breathing room is a time period after someone has gone through bankruptcy where they can come up with a plan to pay back their debts without being bothered by their creditors. It's like a break that gives them space to figure things out and get back on their feet.

A more thorough explanation:

BREATHING ROOM

Breathing room is a slang term used to describe the period of time after someone has declared bankruptcy. During this time, the debtor is given the opportunity to create a plan to repay their debts without being bothered or interrupted by their creditors.

After declaring bankruptcy, John was given a six-month breathing room to come up with a plan to repay his debts.

During the breathing room, creditors are not allowed to contact the debtor or take any legal action against them.

The term breathing room refers to the time given to a debtor to create a debt-repayment plan without any interference from their creditors. This period is usually granted after someone has declared bankruptcy and is meant to give the debtor a chance to get back on their feet. During this time, creditors are not allowed to contact the debtor or take any legal action against them, giving them the space they need to come up with a plan to repay their debts.

breast of the court | bredwite

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9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
WorthlessAttractiveZombie
9:46
it's tough to tell because a lot of people type out their addresses long to begin with
soapy
9:46
Ah. I didn't. Looking back, my Mich supplement kind of sucks, so there's that
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