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Trying to get a grip on what you're reading
about legal issues? Here's a list of legal terms you may come across. If
you need help with any legal issues, don't hesitate to use our FAST and
FREE lawyer-finding service.
Arbitrator - A
private, disinterested person chosen by the parties in arbitration to hear
evidence concerning the dispute and to make an award based on the
evidence.
Bankruptcy is a federal law used be debtors to
obtain debt relief and reorganize their federal affairs. bankruptcies are
a necessary part of our free enterprise system.
Comparative negligence
-The rule under which negligence is measured by percentage, and damages
are diminished in proportion to the amount of negligence attributable to
the person seeking recovery.
Joint tenancy - A
form of legal co-ownership of property (also known as survivorship). At
the death of one co-owner, the surviving co-owner becomes sole owner of
the property. Tenancy by the entirety is a special form of joint tenancy
between a husband and wife.
Legal Service Plans
During the past several decades a variety
of options has arisen to reduce the cost of legal services for consumers
through "pre-need" arrangements. However termed, these options provide
consumers with ready access to qualified attorneys for legal services at
known costs.
Preponderance of the proof -
Greater weight of the evidence, the common standard of evidence in
civil cases.
Third party complaint - A petition filed by a defendant against a
third party (not presently a party to the suit) which alleges that the
third party is liable for all or part of the damages plaintiff may win
from defendant.
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