Texas Property Code Chapter 52 > Subchapter B – Cancellation of Judgments and Judgment Liens Against Bankrupts–Abstract Recorded Before September 1, 1993
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§ 52.021 | Discharge and Cancellation |
§ 52.022 | Application for Court Order |
§ 52.023 | Notice of Application |
§ 52.024 | Court Order |
§ 52.025 | Effect On Lien of Discharge of Debt in Bankruptcy |
Terms Used In Texas Property Code Chapter 52 > Subchapter B - Cancellation of Judgments and Judgment Liens Against Bankrupts--Abstract Recorded Before September 1, 1993
- Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
- Property: means real and personal property. See Texas Government Code 311.005
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Trustee: A person or institution holding and administering property in trust.
- Week: means seven consecutive days. See Texas Government Code 311.005
- Year: means 12 consecutive months. See Texas Government Code 311.005