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Collateral

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Collateral Attack A legal action in one case challenging another case or another court's ruling. For example, a father ordered to pay child support in a divorce case in Minnesota, collaterally attacks the order in a Maine court claiming that the Minnesota court did not have jurisdiction over him.


Collateral definition:
Property which has been committed to guarantee a loan.
Property which has been committed to guarantee a loan and which will transfer to the lender if the loan is not paid.

collateral facts
evidence. Facts unconnected with the issue or matter in dispute.

COLLATERAL ORDER DOCTRINE - The collateral order doctrine is a 'practical construction' of the final judgment rule of 28 U.S.C. section 1291. Digital Equipment Corp. v. Desktop Direct, Inc., 114 S.Ct. 1992, 1995 (1994).

Collateral
Indirectly related or existing side by side. 1)Property offered as a guarantee to obtain a loan,payment of debts or any form of security can be taken away if the payment of money is not made on time. 2)It also refers to certain legal issues that are indirectly related to a case which have ...

collateral
Property that is promised as security for the satisfaction of a debt.
United States Court of Appeals for the Ninth Circuit 1 ...

Collateral heir. A relative not of the direct line of descent, but of a collateral line. Heir apparent. He whom right of inheritance is indefeasable, provided he outlives the ancestor. 2 Bl. Com. 208. Heir at law; Heir at common law; Heir general.

Collateral Source Rule:
A rule of tort law which holds that the tort-feasor is not allowed to deduct from the amount he or she would be held to pay to the victim of the tort, any goods, services or money received by that victim from other "collateral" sources as a result of the tort (eg.

Collateral Source Rule: The rule ensures that compensation awarded to a plaintiff in a lawsuit will not be reduced if the plaintiff receives compensation for the same injury from another source, such as insurance.

Collateral Estoppel Doctrine - Commonly referred to as issue preclusion.

COLLATERAL - An asset that a borrower agrees to give up if he or she fails to repay a loan.
COLLECTIVE BARGAINING AGREEMENT - The contract that spells out the terms of employment between a labor union and an employer.

COLLATERAL
Property pledged to secure the payment of a debt.
When a borrower grants a lender a lien on the borrower's inventory (to secure repayment of the loan), the inventory is the collateral for the loan.

Collateral Estoppel - Rule that bars relitigation between the same parties of a particular issue or determinative fact when there is a prior judgment.
Commit - To send a person to prison, asylum, or reformatory by a court order.

COLLATERAL DESCENT: Descent in a collateral or oblique line, that is, up to the common ancestor, and then down from him, as from brother to brother, or between cousins.

Collateral:
Property that has been committed to guarantee a loan.
Collateral Descendant: ...

collateral attack
n. a legal action to challenge a ruling in another case. For example, Jose Mathew has been ordered to pay child support in a divorce case, but he then files another lawsuit trying to prove a claim that he is not the father of the child.

COLLATERAL KINSMEN, descent, distribution. Those who descend from one and the same common ancestor, but not from one another; thus brothers and sisters are collateral to each other; the uncle and the nephew are collateral kinmen, and cousins are the same.

Collateral
Property which has been committed to guarantee a loan. This may be the property being purchased by the loan (as in a car) or other property pledged as a guarantee (such as a certificate of deposit or other financial instrument).

collateral contract
A separate contract which precedes or exists alongside the main one.
combined custody and treatment order ...

collateral
Property pledged as security for satisfaction of a debt. See secured debt.
commit ...

offensive collateral estoppel
A doctrine that prevents a defendant from re-litigating an issue after it has been lost.

Collateral: Property committed to guarantee a loan.
Collusion: Illegal and usually secret agreement between two or more people to deceive a court or defraud another person.
Common law: Judge-made law which has developed over centuries, also referred to as "unwritten" law.

Article 9, after Article 2, is probably the most important Article, as it regulates the rights of debtors and creditors when personal property is used as collateral for the extension of credit.

consanguinity, collateral Collateral consanguinity is the relationship between people who spring from a common ancestor, but are not in a direct line. The degree is established by counting the generation from one relative up to the common ancestor to the other relative.

Debt backed by a mortgage, pledge of collateral, or other lien; debt for which the creditor has the right to pursue specific pledged property upon default. Examples include home mortgages, auto loans ...
Secured Loan
a loan backed by collateral such as property.
Secured Party
see party ...

The law also distinguishes between collateral descendants and lineal descendants.

In bankruptcy, a debt is secured if the debtor gave the creditor a right to repossess the property or goods used as collateral.
:. Securities an Exchange Commission (SEC)
A federal agency which monitors the securities industry.
:. Self-defense ...

Secured debt In bankruptcy proceedings, a debt is secured if the debtor gave the creditor a right to repossess the property or goods used as collateral. Secured signature bond A signature bond secured by mortgage or real property.

In some situations, a collateral contract may exist.
Meaning and effect of contract terms: Many contract disputes involve a disagreement between the parties about what terms in the contract require each party to do or refrain from doing.

Adequate protection: Security, collateral or some other measure undertaken or provided by the debtor in bankruptcy, to protect a claim holder from depreciation of its collateral pending confirmation of a plan, ...

The person who has pledged him or herself to pay back money or perform a certain action if the principal to a contract fails, as collateral, and as part of the original contract.

Cash or bond posted by a defendant as collateral to ensure that he or she returns to court on a future date.
BENCH WARRANT
A warrant issued by a judge when an individual defendant fails to appear in court at a specified date and time.

GUARANTOR
A person who pledges collateral for the contract of another, but separately, as part of an independently contract with the obligee of the original contract. Compare with "surety." ...

Bondsman: A surety; one who has put up cash or property as collateral before a defendant may be released.
Brief: A written document prepared by a lawyer or party on each side of a dispute and filed with the court in support of their arguments.

Unsecured: In bankruptcy proceedings, for the purposes of filing a claim, a claim is unsecured if there is no collateral, or to the extent the value of collateral is less than the amount of the debt.
Usury: Charging a higher interest rate or higher fees than the law allows.
V ...

Unsecured debts - In bankruptcy, debts such as open accounts at department stores for which the debtor has not pledged collateral to guarantee payment.
For legal advise regarding Unsecured debts, you can contact our legal staff via phone (800) 341-2684 or email myweblawyer@aol.com .

Order
A directive from the court disposing of a matter collateral to the main action, or adjudicating the matter itself, in which case it is a "final order".

Term: Order
Definition: A directive from the court disposing of a matter collateral to the main action, or adjudicating the matter itself, in which case it is a "final order".

Secured Debts: In bankruptcy, a debt is secured if the debtor gave the creditor a right to repossess the property or goods used as collateral.

Depending on which relatives survive, the estate may go all, or in part to the surviving spouse, and down the line from a parent to children (or if none survive, to grandchildren), or up to surviving parents, or collaterally to brothers and sisters.

Second mortgage loans, like home equity loans, are secured by pledging the home as collateral for the loan.

See also: See also: Collate, Law, Lawyer, Action, Person

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