Bankruptcy

Bankruptcy is a legal process that allows consumers and business entities to eliminate some, or all, of their debts by order of a federal court. While bankruptcy gives individuals and businesses a fresh start, as the court forgives debts that cannot be paid, it also gives creditors an opportunity to get at least partial repayment, based on what assets the […]

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Extortion

Extortion Meaning in law The term extortion refers to the crime of obtaining money or property by using threats of harm against the victim, or against his property or family. Extortion might involve threats of damage to the victim’s reputation, or to his financial well being. Anything obtained by the use of extortion, including consent, has been illegally obtained, and […]

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Cybercrime

According to the U.S. Department of Justice (the “DOJ”), the term cybercrime refers to any illegal activity for which a computer is used as its primary means of commission, transmission, or storage. The list of criminal activities made possible by the widespread use of computers how grown exponentially in recent decades, and includes such acts as dissemination of computer viruses, […]

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Bribery

Bribery is a crime that occurs when a person offers, gives, receives, or accepts something of value in exchange for influence over, or alteration of, another person’s behavior. The bribe itself is the gift of money or other assets, given on the basis that the recipient will act in a certain way that is contrary to what he would do […]

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Bail

In the legal system, the term bail refers to a process in which an individual arrested for a crime is required to pay a specified amount of money to be released from police custody. The amount of money required as bail is generally set by a judge, and is a sufficient sum to ensure the accused will return to court […]

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Legal Name Change

A person can adopt a new name if they wish to do so, yet a legal name change must be done according to specific laws, which vary by state. While many states allow an individual to change his or her name simply by using it, banking, credit, and governmental institutions are likely to require proof, in the form of a […]

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