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Simple English definitions for legal terms

legal subrogation

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A quick definition of legal subrogation:

Legal subrogation is when one party pays the debt of another party and is then entitled to the same rights and remedies that the original debtor had. For example, if someone pays off a debt for someone else, they can then go after the debtor to get their money back. This can happen by contract or by law to prevent fraud or injustice. It's like stepping into someone else's shoes to get what they were entitled to.

A more thorough explanation:

Legal subrogation is a legal term that refers to the substitution of one party for another whose debt the party pays. This entitles the paying party to rights, remedies, or securities that would otherwise belong to the debtor. For example, a surety who has paid a debt is entitled to any security for the debt held by the creditor and the benefit of any judgment the creditor has against the debtor, and may proceed against the debtor as the creditor would.

There are two types of subrogation: conventional subrogation and legal subrogation. Conventional subrogation arises by contract or by an express act of the parties. Legal subrogation arises by operation of law or by implication in equity to prevent fraud or injustice.

Legal subrogation usually arises when:

  • The paying party has a liability, claim, or fiduciary relationship with the debtor
  • The party pays to fulfill a legal duty or because of public policy
  • The paying party is a secondary debtor
  • The paying party is a surety
  • The party pays to protect its own rights or property

For instance, if an insurance company pays for damages caused by a third party to their client, the insurance company is entitled to all the rights and remedies belonging to the insured against the third party with respect to any loss covered by the policy. This is an example of legal subrogation.

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
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.
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