A collusive suit (also referred to as a friendly suit) is a lawsuit where the parties are not actually in disagreement but are cooperating to steer the court towards some agreed-upon conclusion. As seen in United States v. Johnson, collusive...
money and financial problems
comaker
Comaker or cosigner is a person who jointly signs a check, draft or any other negotiable instrument alongside a primary borrower of a loan. The comaker acts as a guarantor of the primary borrower and assumes liability. The comaker has a legal...
commission
A commission is a fee or remuneration paid in return for services rendered. Commission is often calculated as a percentage of the total transaction; a commission can be separate and in addition to fixed wages, or it can be the sole form of...
common law lien
A common law lien is a lien that is created due to common law and does not depend on any statute or contract for its existence. Unless abolished by statute or judicial decision, common law liens generally have the force of law in each U.S....
comptroller
A comptroller is a senior executive who oversees the accounting and financial reporting of a business or government department. The comptroller is responsible for preparing financial reports and overseeing all accounting, including payroll,...
conservatee
A conservatee is a person deemed incompetent by a court and, therefore, a court appointed conservator handles their financial and/or other daily life affairs. The roles of conservator and conservatee follow from the legal concept of...
constructive trust
A constructive trust is not an actual trust by the traditional definition but a trust created through a court’s power, over assets they determine a party cannot equitably keep. It is a legal fiction that is used as a remedy for unjust...
consumer credit
Consumer credit refers to the ability of a consumer to access a loan. The most common form of credit used by consumers is a credit card account issued by a financial institution. Merchants may also provide direct financing for products which...
contingency fee
A contingency fee is a form of payment to a lawyer for their legal services. In contrast to a fixed hourly fee, in a contingent fee arrangement lawyers receive a percentage of the monetary amount that their client receives when they win or...
contingent fee
A contingent fee, also known as a contingency fee, is a method of compensation for legal services. A lawyer who works on contingency receives a percentage of their client’s monetary award as compensation rather than billing a fixed hourly...