The Aguilar-Spinelli test is a legal standard used in the United States to evaluate the validity of a search warrant based on information provided by an informant. It stems from two U.S. Supreme Court cases: Aguilar v. Texas and Spinelli v....
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1031 exchange
1031 exchange (also called a tax-deferred exchange or a Starker exchange) refers to the ability of investors and organizations to replace one investment for a similar one instead of keeping the proceeds. For certain transactions, the exchange...
30-day notice
A 30-Day notice is usually used by a landlord to terminate or change a month-to-month lease or a periodic lease. A 30-day notice does not apply to fixed-term leases, as these types of leases impose an obligation upon...
341 meeting
A 341 meeting is a mandatory meeting held at the beginning of a bankruptcy proceeding. Also referred to as the creditors meeting, its name comes from section 341 of the Bankruptcy Code. The purpose of a 341 meeting is to examine the debtor’s...
341 notice
A 341 notice is the notice sent by the bankruptcy clerk to the debtor, the creditors, and all other interested parties, notifying them of the date, time, and place in which the 341 meeting (creditors meeting) will be held. Among other things...
342 notice
A 342 notice is the notice sent before the commencement of a bankruptcy proceeding by the bankruptcy clerk of the bankruptcy court to the debtor, which contains:
A brief description of chapters 7, 11, 12, and 13 of the Bankruptcy Code...401(k)
401(k) plans (also just called 401k) are types of retirement plans that an employer sponsors which allows employees to defer taxes. 401k plans originate from the Internal Revenue Code (IRC) section 401(k) which allows contributions to these...
401(k) plan
401(k) plans (also just called 401k) are types of retirement plans that an employer sponsors which allows employees to defer taxes. 401k plans originate from the Internal Revenue Code (IRC) section 401(k) which allows contributions to these...
707(b) action
707(b) action is defined in Chapter 7 of the United States Bankruptcy code as a motion by court, the United States trustee, the trustee, the administrator, or any party in interest to dismiss a debtor’s case on the ground that granting a...
a fortiori
A fortiori signals an argument that it is based on an even stronger argument. In Latin, the term literally means ‘from [the] stronger’. A fortiori is generally used to suggest that an argument is based on another argument so strong as to make...