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LSDefine

Simple English definitions for legal terms

suit for exoneration

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A quick definition of suit for exoneration:

A suit for exoneration is a legal action taken by someone who has promised to pay someone else's debt (called a surety) to force the person who owes the debt (called the debtor) to pay it back. If the debtor has done something wrong or doesn't have enough money to pay the debt, the suit for exoneration may also ask for other ways to make sure the debt is paid fairly. This is also called a suit to compel payment.

A more thorough explanation:

A suit for exoneration is a legal action taken by a surety to force a debtor to pay a creditor. This type of lawsuit is typically brought when the debtor has failed to pay their debts and the surety is left to cover the costs. If the debtor has acted fraudulently and is insolvent, a suit for exoneration may include additional remedies to ensure that the debtor's assets are used fairly to pay off their outstanding debts.

One example of a suit for exoneration might involve a contractor who has hired a subcontractor to complete a project. The subcontractor fails to complete the work and the contractor is left to cover the costs. The contractor may then file a suit for exoneration against the subcontractor to force them to pay for the work that was not completed.

Another example might involve a person who has co-signed a loan for a friend or family member. If the borrower fails to make payments on the loan, the co-signer may be left to cover the costs. The co-signer could then file a suit for exoneration against the borrower to force them to pay back the loan.

These examples illustrate how a suit for exoneration can be used to hold debtors accountable for their debts and ensure that sureties are not left to cover the costs of someone else's actions.

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I didn't apply to either but I would pick penn
15:42
penn bc im in state
no no it's not. But I wouldn't clerk conservative, so idk about Chi #s for myself
cumsock
15:42
Penn
texaslawhopefully
15:42
I guess that's fair. From what I've heard UChicago for conservatives is on par w/ HYS for clerkships
texaslawhopefully
15:42
not sure about for liberals
cumsock
15:43
They’re very similar tho
cumsock
15:43
Both t6 ivies
Is that NYU disrespect???? NYU out the t-6?
15:44
Penn because my college friends who mentored me go there
lilypadfrog
15:45
NYU is a t6 unless they don’t accept me and then idgaf what they’re ranked
texaslawhopefully
15:46
That's the best mentality
texaslawhopefully
15:46
If I get into UChicago it will be CYS
lilypadfrog
15:48
waspy I’m sure he meant to clarify that CYS is Cornell Yale Stanford
yeah just making sure
I look really good in blue tho
obviously cornell is t3
cumsock
15:49
someone from my undergrad is going to columbia for a masters in social work and the way they are talking to me im pretty sure they think thats as hard to get accepted to as columbia law
every prof at cornell glazes it so hard
GreyCeaselessMammoth
15:50
i know so many heads going to various schools for random masters degrees and its like babe its not the sameeee
cumsock
15:50
"The acceptance rate for the Master of Science in Social Work (MSW) program at Columbia University is 74%" does he know?
15:50
@cumsock: some battles are won by avoiding fighting them
cumsock
15:51
im not i just wish normies knew its not the same
Trismegistus
15:51
i need chicago so badly
15:51
for suresies
lilypadfrog
15:52
llama do you think we’re besties? I kinda think we’re besties
JumpySubsequentDolphin
15:52
@GreyCeaselessMammoth: PLS I know a girl who got a master’s at Columbia for some random niche thing and she told EVERYBODY SHES GOING TO COLUMBIA LAW SCHOOL
GreyCeaselessMammoth
15:52
WHAT???
15:53
@JumpySubsequentDolphin: I can respect the hustle.
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