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Simple English definitions for legal terms

exigible debt

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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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HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
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