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Simple English definitions for legal terms

trustee process

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A quick definition of trustee process:

Trustee process is a legal process where a third party takes a debtor's property instead of the creditor. This is also known as factorizing process or garnishment. In some places, the third party is called a factor.

A more thorough explanation:

Trustee process, also known as factorizing process, is a legal procedure where a third party seizes a debtor's property instead of the creditor. This process is similar to garnishment.

For example, if a person owes money to a creditor, the creditor can use trustee process to seize the debtor's property, such as their bank account or wages, to pay off the debt. The third party, known as the trustee, will hold the property until the debt is paid off.

Another example is if a company owes money to a supplier, the supplier can use trustee process to seize the company's assets to pay off the debt.

Trustee process is a way for creditors to collect debts without having to go through the court system. However, it is important to note that there are legal requirements and limitations to this process.

trustee, U.S. | trusteeship

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Dkk
19:34
Psshh what book on mysticism. Is this like a catch all different politcal theories crash course book on mysticism or is this like a fun happy spiritual book?
2big2fail
19:36
@babycat: read some meister eckhart
Dkk
19:36
Not my type of mysticism but I guess that can be fun to read.
Dkk
19:37
"to see what is there and stand with what is there ecstatically." impossible.
1a2b3c4d26z
19:37
5 books or so
1a2b3c4d26z
19:37
I'm the reading the Odyssey rn :)
concorde
19:38
17th c is always unintentionally funny
@1a2b3c4d26z: much better than the Iliad
1a2b3c4d26z
19:40
Sweet now I don't have to read that piece of crap
babycat
19:40
@2big2fail: will check out ty!
Dkk
19:41
@concorde: that one looks cool
babycat
19:41
I need to read st Augustine’s confessions
concorde
19:41
Confessions is goaty
2big2fail
19:42
confessions is entry level
@babycat: have you read Carson’s Eros the bittersweet
Dkk
19:42
Maybe @babycat
2big2fail
19:42
read the zohar lol
Dkk
19:42
Confessions is vital to understanding the evolution of love in philosophy.
1a2b3c4d26z
19:42
who was I yappin about serotonin with
concorde
19:42
Serotonin so good
1a2b3c4d26z
19:42
top 5 of all time and it aint 4
babycat
19:43
We sharing Goodreads on here?
1a2b3c4d26z
19:43
jurassic park unironically good
1a2b3c4d26z
19:43
crime and punishment top 1
1a2b3c4d26z
19:43
im okay with being called basic for that one
2big2fail
19:44
im gatekeeping my current book
Dkk
19:44
@2big2fail: looks like an Aristotle wannabe.
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