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Simple English definitions for legal terms

PPI

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A quick definition of PPI:

Term: PPI

Definition: PPI stands for Policy Proof of Interest. It is a document that proves that someone has a financial interest in an insurance policy. This document is important because it helps to prevent fraud and ensures that only those with a legitimate interest in the policy can make changes or receive benefits from it.

A more thorough explanation:

Definition: PPI stands for Policy Proof of Interest.

Example: When applying for a loan, the lender may require a PPI document to prove that the borrower has a financial interest in the property being used as collateral.

Explanation: PPI is a document that proves a person's financial interest in a property or asset. In the example given, the lender wants to ensure that the borrower has a stake in the property being used as collateral for the loan. This helps protect the lender's investment and reduces the risk of default.

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 0 👎

TGM

18:23

How long can I delay sending my fall grades if they hurt my GPA? I’m still waiting on decisions and ideally I’m hoping they decide BEFORE seeing my new grades

TGM

18:27

dropped my GPA below median for a couple of schools I’m applying to, when I was above median before

Dkk

18:32

@TGM: Not long enough to get another transcript to recover.

Dkk

18:33

Honestly you could just wait until someone actually asks for your fall grades. Who knows.

Dkk

18:34

@wigwav: It looks like if below medians it will not help but If applying in November it seems you are still middle of the cycle.

cheriebomb

18:34

@wigwav: nah

TGM

18:34

like am I expected to send it unprompted or can I wait until a school requested it

Dkk

18:35

@TGM: Expected to send it unprompted but you can wait and see.

cheriebomb

18:36

Is your LSAT also below median?

TGM

18:37

It’s above median, but I’m applying T6 with unimpressive softs, so even with a good LSAT it’s tough

texaslawhopefully

18:38

Yeah, then I would just wait as long as you can to send it

texaslawhopefully

18:38

For like HLS at least, if you wait till J6 then you may already have a decision

TGM

18:39

@texaslawhopefully: alas, haven’t even gotten an interview (applied around thanksgiving)

cheriebomb

18:39

Yeah I would delay as long as you have plausible deniability

TGM

18:40

I actually do have a transcript issue that registrar needs to resolve, should I say that

TGM

18:41

(Course marked as Incomplete that’s supposed to be removed)

TGM

18:41

not sure if I should email them to say that, or just hold off on sending it and not give an excuse

cheriebomb

18:41

I think I just wouldn’t reach out and if they ask for them then say that

Dkk

18:41

@tgm Yeah sounds good, say that if they ask

MeekGlibCrow

18:47

hey yall

MeekGlibCrow

18:47

im premed idk why im here

cheriebomb

18:48

we’re like cool and sexy and fun I get it

MeekGlibCrow

18:48

true i love ur user

cheriebomb

18:49

thank you my little crow friend

Dkk

18:50

Med law easy done

KnowledgeableRitzyWasp

18:51

medicine is a scam

KnowledgeableRitzyWasp

18:51

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.

cheriebomb

19:04

https://whitney.org/collection/works/62454

cheriebomb

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.

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