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LSDefine

Simple English definitions for legal terms

paid into court

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A quick definition of paid into court:

Paid into court: When someone owes money to someone else but doesn't know who to pay it to because of a dispute, they can give the money to the court to hold onto until the dispute is resolved. This way, the person who owes the money can fulfill their obligation without getting involved in the dispute. For example, if a contractor owes money to a hardware store but the store's owners are fighting over who owns the money, the contractor can give the money to the court to hold until the owners settle their differences.

A more thorough explanation:

Definition: Money deposited with the court by a person or entity who owes the money but doesn't know who to pay it to until a lawsuit between two other parties is decided. The person handing over the money is saying: "Here is the money. You two argue over it, but spare me the trouble and cost of the suit."

Example: A contractor buys supplies from a hardware store on credit. The store is owned by two people who have dissolved their partnership and are fighting over who owns accounts receivable, including the funds owed by the contractor. The contractor knows he owes the money for his supplies, wants to meet his obligations, and wants to get rid of the debt. So the contractor gives what he thinks he owes the hardware store to the court to hold while the two former partners settle their differences.

Explanation: In this example, the contractor owes money to the hardware store but doesn't know who to pay it to because of the dispute between the former partners. The contractor doesn't want to get involved in the legal battle and wants to make sure the money is paid to the rightful owner. So, the contractor pays the money into court, and the court will hold onto it until the dispute is resolved.

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Dkk
11:05
Make em read books and hope they go that route.
LSDFan
11:05
give them a TBI as soon as possible
Dkk
11:06
LMFAO
11:06
@Dkk: "im the man of the house now i am buying a gun:
babycat
11:06
For one I would try not asking questions that start with “How do you recommend grooming a child?”
11:06
lol people just have bad connotations with it, is it grooming to have your kid play hockey with you and watch games so they want to play when they turn 6?
Dkk
11:06
@EvolBunny: Maybe, maybe but I think the TBI is better advice.
11:07
yes, is it bad?
gtown baby talk to me .... i know ppl on reddit are mad at u rn maybe like give some As so ppl chill out (mad for valid reason)
Dkk
11:07
From google "TBI stands for traumatic brain injury, which is an injury to the brain caused by an external force"
LSDFan
11:07
all SF operators have TBI's
11:07
@shaquilleoatmeal: what do you mean by invite, interview invite?
11:07
all serial killers drank milk as childs
11:08
children*
11:08
whoore*
BulbasaurNoLikeCardio
11:08
@LSDFan: They call it operator syndrome now at the VA
LSDFan
11:09
lol
11:09
I thought it was door kicker syndrome from all the breaching
Dkk
11:09
Ahh childhood, what a sweet sexual time of discovery. Takes me back.
BulbasaurNoLikeCardio
11:09
Who knew firing thousands of rounds and being next to explosions was bad for our brains
11:09
It is almost like the people doing that used to die fast
11:10
Didnt plan on anyone living long enough lol
11:10
I long to die on a european battlefield
11:10
thats the true white mans burden
11:10
calm down mostly putin
babycat
11:10
yeah fuck gtown btw
LSDFan
11:10
they don't even kick doors. They put C4 in a dip can and tape it to the wall
11:10
I am sure they kick some doors but yes
11:11
@EvolBunny: im a uki
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