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LSDefine

Simple English definitions for legal terms

exoneration, suit for

Read a random definition: unfinished business

A quick definition of exoneration, suit for:

Exoneration, Suit for: A legal case brought by a person who has agreed to be responsible for someone else's debt (a surety) to force the debtor to pay the creditor. If the debtor has acted dishonestly and cannot pay, the suit for exoneration may include additional measures to ensure that the debtor's assets are used fairly to pay off their debts. This type of case is also called a suit to compel payment.

A more thorough explanation:

Definition: A legal action brought by a surety to force the debtor to pay the creditor. This is done to relieve the surety of their obligation to pay the debt.

For example, if someone agrees to be a surety for a loan, they are responsible for paying the debt if the borrower defaults. If the borrower does default, the surety can file a suit for exoneration to force the borrower to pay the debt and relieve the surety of their obligation.

In cases where the borrower has acted fraudulently and is insolvent, a suit for exoneration may include additional remedies to ensure that the borrower's assets are used fairly to pay off their outstanding debts.

exoneration | exoneratione sectae

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General

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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