Intangible personal property includes assets such as bank accounts, stocks, bonds, insurance policies and retirement accounts. A written statement filed in court or an appeal that explains a party`s legal and factual arguments. When most people use the word “property,” they usually mean real estate or land, like, “She owns 50 acres of land in Harrison County.” But for property planners, the word property has a much broader meaning. For estate planners, property is what we lawyers call an “art concept.” An art term is a word or phrase that has a specialized and specific meaning in a particular field (for example.dem legal profession). The concepts of art are abundant in law; Other legal terms you may have heard of include “double jeopardy,” “burden of proof,” and “punitive damages.” With respect to civil actions in “equity” and not in “law”. In English legal history, courts of “law” could order the payment of damages and could offer no other remedy (see damages). A separate “fairness” tribunal could order someone to do something or stop something (e.g., injunction). In U.S. jurisprudence, federal courts have both legal and just power, but the distinction is always important. For example, a jury trial is generally available in “legal cases,” but not in “fairness” cases. The chapter of the Insolvency Code, which provides for the adjustment of the debts of a “family farmer” or “family fisherman”, as defined in the Insolvency Code. Non-insolvency proceedings in which an applicant or creditor attempts to submit its claim to a debtor`s future wages. In other words, the creditor requests that part of the debtor`s future salary be paid to him for a debt owed to him.

The legal system that originated in England and is now used in the United States is based on the articulation of legal principles in a historical succession of judicial decisions. Common law principles can be changed by statute. Chapter of the Insolvency Code that provides for “liquidation”, i.e. the sale of a debtor`s non-exempt assets and the distribution of the proceeds to creditors. To be eligible for Chapter 7, the debtor must pass a “means test”. The court assesses the debtor`s income and expenses to determine whether the debtor can sue under Chapter 7. Written statements submitted to the court outlining a party`s legal or factual allegations about the case. A report prepared by a court probation officer after a person has been convicted of a crime and summarizing for the court the background information necessary to determine the appropriate sentence.

Generally refers to two events in individual bankruptcy cases: (1) the “individual or group briefing” of a nonprofit budget and credit advisory agency, which individual debtors must participate in before filing under a chapter of the Bankruptcy Code; and (2) the “Personal Financial Management Course” in Chapters 7 and 13, which an individual debtor must complete before debt relief is registered. There are exceptions to both requirements for certain categories of debtors, urgent circumstances, or if the U.S. trustee or receiver has determined that there are not enough licensed credit counselling agencies available to provide the required advice. Can you classify the following as real property, tangible personal property or intangible personal property? The function of the federal courts that takes place at the beginning of criminal proceedings – after a person has been arrested and charged with a federal crime and before they appear in court. Pre-Investigation Service officials are focusing on investigating the background of these individuals in order to assist the court in deciding whether to release or detain them pending trial. The decision is based on the likelihood that these individuals will flee or pose a threat to the community. If the court orders release, a pre-trial officer supervises the person in the community until the person returns to court. A court order preventing one or more named parties from acting. An injunction is often issued to allow for a finding of fact so that a judge can determine whether a permanent injunction is warranted. Similar to an injunction, it is a short-term order issued by a judge prohibiting certain actions until a full hearing can be held.

Often referred to as TRO. A panel of 16 to 23 citizens who listen to the evidence of criminal charges presented by the prosecutor`s office and determine whether there is a probable reason to believe that a person has committed a crime. See also Indictment and United States Prosecutor. A jury or judge decision that determines the guilt or innocence of a defendant or determines the final outcome of a civil proceeding. Personal property is best described by what it is not. Everything that is not property is then personal property. It is perhaps easier to look at this in terms of mobility. As a rule, real estate cannot be picked up and moved. Yes, you can extract soil from your property and put it on your neighbor`s property, but you can`t really “move” the land. And of course, you could argue that you could move a shed from one corner of the yard to another, but not easily.

Jury selection process to interview potential jurors to determine their qualifications and determine a basis for challenge. Contracts or leases where both parties still have obligations to perform. If a contract or lease is enforceable, a debtor can take it back (keep the contract) or reject it (terminate the contract). The Sentencing Reform Act 1984 abolished probation in favour of a particular penal system, in which the level of punishment is determined by penal directives. Now, without the possibility of parole, the court-imposed jail sentence is the actual time the person spends in prison. Tangible refers to what can be seen, weighed, measured, or grasped with the senses. A tangible object is something real and substantial. An automobile is an example of tangible personal property.

A group of citizens who hear evidence presented by both parties in court and investigate disputed facts. The federal criminal jury is composed of 12 people. The civil juries of the Confederation are composed of at least six persons. It is intangible personal property. Yes, your social media presence and digital accounts are intangibles. (Don`t forget to include this property in your estate plan!) A set of rules and principles established by the United States Sentencing Commission that trial judges use to determine the sentence of a convicted accused. The legal power of a court to hear and decide a particular type of case. It is also used as a synonym for jurisdiction, i.e. the geographical area over which the court has territorial jurisdiction to rule on cases.

A request made as a result of a proceeding by a losing party on one or more issues, for a higher court to review the decision to determine whether it was correct. To make such a request is to “appeal” or “to appeal”. The one who appeals is called a “complainant”; The other party is the “appellant”. In criminal law, the constitutional guarantee that an accused receives a fair and impartial trial. In civil law, the legal rights of a person who is confronted with an adverse act that threatens liberty or property. The legal classification of unsecured claims in the Insolvency Code, which determines the order in which unsecured claims are paid when there is not enough money to pay all unsecured claims in full. Your computer is a hardware property. However, it may contain intangible assets that may well have monetary value, for example: A document that includes a recipe you`ve written about how to make a better apple pie or software you`ve programmed. Instructions from a judge to the jury before it begins deliberations on the substantive questions to be answered and the legislation to be applied.