Terms Used In 7 Guam Code Ann. § 50350

  • Contract: A legal written agreement that becomes binding when signed.
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7 Guam Code Ann. CIVIL PROCEDURE
CH. 50 INSOLVENCY LAW

All debts due and payable from the debtor at the time of the adjudication of insolvency, and all debts then existing but not payable until a future time, a discount being made if no interest is payable by the terms of the contract, may be proved against the estate of the debtor.

SOURCE: CCP § 1350.