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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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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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