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Simple English definitions for legal terms

cessio bonorum

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A quick definition of cessio bonorum:

Term: Cessio Bonorum

Definition: Cessio bonorum is a legal term from ancient Rome that means giving up all of a person's property to their creditors. It was like declaring bankruptcy today. When someone did this, they were not considered a bad person, and they were not responsible for any debts they couldn't pay. They also couldn't be taken to court for those debts in the future.

A more thorough explanation:

Definition: Cessio bonorum is a Latin term that means "cession of goods." It refers to an assignment of a debtor's property to creditors in Roman law. This was the Roman equivalent of modern bankruptcy.

Examples: If a person owed money to several creditors and could not pay them back, they could make a cessio bonorum. This meant that they would give up their property to their creditors to pay off their debts. The person who made the cessio bonorum would not become infamis (disgraced), would not be liable for old debts beyond their means, and would not be personally seized in respect of them.

Explanation: The example illustrates how a person who could not pay their debts could make a cessio bonorum to avoid being disgraced and personally seized. By giving up their property to their creditors, they could pay off their debts and start anew without being burdened by old debts beyond their means.

cessio actionum | cessio fori

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manifestmoreadmissions
16:54
@ThiagoSplitter2024: i think it's probably on a school-by-school basis. like if that school is open then their admissions office probably is
DefectiveSneakyDalmatian
18:29
how cooked is a 3.65 and 174 from an ivy for t14
CamoCat
18:42
you are fine....
jb2028
19:47
Assuming decent softs/essays/recs, a 3.65/174 will get you into whichever T14s (maybe even T6s) need to defend their LSAT median
jb2028
19:47
Most schools can't fill their class with people above both medians (by definition) and high LSATs are scarcer so they get you more leeway
KnowledgeableRitzyWasp
20:14
you get more gpa leeway the better ranked your school is too
HangingAboriginalLeopard
20:50
Do I got a decent shot at a school like fordham with a 164 3.95? I see the predictor gives a high percentage but was told not to trust those numbers
manifestmoreadmissions
20:53
i plugged those numbers into LSData and about 4 out of 43 applicants with those stats reported being accepted. however this data is all self-reported and not exhaustive of the entire applicant pool. it looks like most LSData users with those stats reported being waitlisted, and people who are admitted from a waitlist often don't report it
HangingAboriginalLeopard
20:54
I see I was doing it wrong
HangingAboriginalLeopard
20:55
What percentage of applicants actually do report to LSD?
manifestmoreadmissions
20:58
it looks like this past cycle about 1300 people reported applying to fordham on LSD out of the ~6300 applications total that fordham received
KnowledgeableRitzyWasp
21:25
you should really try to get your lsat score up if you’ve got a 3.95 gpa. you spent 4 years doing very well in school you should get an lsat to match that
[] ararara
9:11
@HangingAboriginalLeopard: you know your goals and how much effort you’ve put into getting your already excellent score but I’m with wasp if you don’t feel like you’ve reached your full potential then take the challenge head on! Grab the devil by the horns! Stamp that man into the ground!!
[] ararara
9:12
Somewhere he’ll never get out!!!!
manifestmoreadmissions
10:18
for those of you wondering if admissions offices are working today i got an email from an adcomm today responding to something i sent earlier in the week
GoodUnbecomingMacaque
11:30
What does an interview for a transfer student at george mason mean?
trees1234567
12:02
JB was here yesterday dang it!!
LegalUsername
12:05
Are law schools open today or do they also have another day off considering it's sandwiched between July 4th and the weekend?
lawnfire2896
12:57
they're open
AboardCloisteredAvatar
14:09
is wash u open
menherachan
14:32
@HangingAboriginalLeopard: my lsat is a 168, but i got the fordham wl this cycle. i applied to it as a safety, so im kinda surprised about the wl
lawnfire2896
14:46
washu is open
amlaw
14:57
vanderbilt clearly is
AboardCloisteredAvatar
15:14
Why clearly lol
amlaw
15:17
two acceptances today
AboardCloisteredAvatar
15:19
what !! Crazy
manifestmoreadmissions
15:32
oh congrats to the vandy admits!!!
TacitSplendidShrew
17:08
Hi everybody, I am applying to schools this August. I could use some brief help with optics for my personal statement, as I am a first-gen student in every regard--even at the high school graduate level.
trees1234567
17:17
what help are you looking for!
trees1234567
17:17
happy to give advice if helpful
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