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Simple English definitions for legal terms
fi. fa.
Read a random definition: Fraudulent Transfer Act
A quick definition of fi. fa.:
Term: FI. FA.
Definition: FI. FA. is an abbreviation for Fieri Facias, which is a legal term used to describe a court order that allows a sheriff or other authorized person to seize property or assets from a person who owes a debt. This means that if someone owes money to another person or company, and they do not pay it back, the court can order their property to be taken and sold to pay off the debt.
A more thorough explanation:
Term: FI. FA.
Definition: FI. FA. is an abbreviation for Fieri Facias, which is a legal term that refers to a writ of execution that orders a sheriff or other officer to seize and sell a debtor's property in order to satisfy a court judgment.
Example: If a person owes money to another person and fails to pay, the creditor can obtain a court judgment against the debtor. If the debtor still does not pay, the creditor can request a writ of execution, or FI. FA., which allows a sheriff to seize and sell the debtor's property to satisfy the debt.
Explanation: The example illustrates how FI. FA. is used in a legal context to enforce a court judgment. It shows how a creditor can use this writ to collect a debt from a debtor who has refused to pay. The sheriff's seizure and sale of the debtor's property is a way to force the debtor to pay the debt owed to the creditor.