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LSDefine

Simple English definitions for legal terms

exigible debt

Read a random definition: paid-in surplus

A quick definition of exigible debt:

Exigible debt is a type of debt that is due and payable immediately. It is a specific sum of money that is owed by agreement or otherwise. This type of debt is liquidated and demandable, meaning that it is a matured claim that must be paid right away. Examples of exigible debt include credit card debt, utility bills, and rent payments. It is important to pay exigible debt on time to avoid late fees and negative impacts on credit scores.

A more thorough explanation:

Definition: Exigible debt is a type of debt that is due and payable immediately. It is a liquidated and demandable debt, meaning that the amount owed is clear and the creditor can demand payment.

Example: A credit card bill is an example of exigible debt. When you use your credit card to make a purchase, you are essentially borrowing money from the credit card company. The amount you owe is clear and the credit card company can demand payment at any time.

This example illustrates the definition of exigible debt because the debt is due and payable immediately, and the amount owed is clear and demandable.

exigible | exigi facias

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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
Mich overrated (Dean Z please let me in even tho i didnt apply and I am below both 25ths)
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