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LSDefine

Simple English definitions for legal terms

subsequent creditor

Read a random definition: citatory

A quick definition of subsequent creditor:

Subsequent creditor: A person or organization that lends money or extends credit to someone after another creditor has already done so.

Subsequent copula: A legal term that refers to sexual intercourse that has occurred after a previous event or agreement.

A more thorough explanation:

Definition: A subsequent creditor is a person or entity that lends money or extends credit to a borrower after another creditor has already done so.

For example, if John borrows $10,000 from Bank A and then later borrows $5,000 from Bank B, Bank B is considered a subsequent creditor because they lent money to John after Bank A did.

This term is important in legal and financial contexts because subsequent creditors may have different rights and priorities than the original creditor. For instance, if John defaults on his loans, Bank A may have priority over Bank B in collecting any assets or funds that John has to repay his debts.

subsequent-advance rule | subsequent negligence

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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