assignment of debts

assignment of debts
assignment of debts ACC Forderungsabtretung f

Englisch-Deutsch Fachwörterbuch der Wirtschaft . 2013.

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  • ASSIGNMENT (OF DEBT) — History and Development Basically, Jewish law did not recognize the concept whereby personal rights or obligations (whether arising from contract or from a liability for damages in tort) could be legally assigned, either by the creditor or the… …   Encyclopedia of Judaism

  • assignment — as·sign·ment n 1: the act of assigning 2 a: a position, post, or office to which one is assigned b: a task assigned 3: a present transfer of property or rights absolute assignment: an assignment in which the transfer is complete and leaves the… …   Law dictionary

  • assignment for benefit of creditors — A voluntary transfer of a debtor s property into a trust to be used to pay creditors. The trustee collects any income owed the debtor, liquidates the debtor s property that has been transferred to the trust, and uses the money to pay the debtor s …   Law dictionary

  • General assignment — A general assignment is a concept in bankruptcy law that has different meanings in different jurisdictions. * In the United states, a general assignment is simply a contract whereby the insolvent entity ( Assignor ) transfers legal and equitable… …   Wikipedia

  • Debt Assignment — A transfer of debt, and all the rights and obligations associated with it, from a creditor to a third party. Debt assignment may occur with both individual debts and business debts. The company assigning the debt may choose to do so in order to… …   Investment dictionary

  • voluntary assignment — An assignment for the benefit of his creditors made by a debtor voluntarily, as distinguished from a compulsory assignment which takes place by operation of law in proceedings in bankruptcy. Such constitutes an assignment of a debtor s property… …   Black's law dictionary

  • voluntary assignment — An assignment for the benefit of his creditors made by a debtor voluntarily, as distinguished from a compulsory assignment which takes place by operation of law in proceedings in bankruptcy. Such constitutes an assignment of a debtor s property… …   Black's law dictionary

  • fraudulent assignment — An assignment for the benefit of creditors made with intent to prevent the immediate application of the property to the payment of assignor s debts. 6 Am J2d Assign for Crs § 63 …   Ballentine's law dictionary

  • voluntary assignment — A transfer, without compulsion of law, by a debtor, of his property to an assignee, in trust, to apply the same, or the proceeds thereof, to the payment of his debts, and to return the surplus, if any, to the debtor. Farwell v Nilsson, 133 111 45 …   Ballentine's law dictionary

  • SHETAR — (Heb. שְׁטָר), formal legal document, or deed, derived from the Akkadian šatāru, meaning writing. Early Examples The term shetar is not found in the Bible, where the term sefer is used to denote a legal document, such as sefer keritut in… …   Encyclopedia of Judaism

  • Bankruptcy in Canada — The procedures and legal consequences of consumer bankruptcy in Canada are governed by Canadian federal legislation.OverviewConsumer bankruptcy is a legislative procedure under Bankruptcy and Insolvency Act ( the BIA ) *(1) complemented by… …   Wikipedia

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