Dischargeable debt - A debt for which the Bankruptcy Code allows the debtor's personal liability to be eliminated.⏎
Consumer debts - Debts incurred for personal, as opposed to business, needs.⏎
Class action - A lawsuit in which one or more members of a large group, or class, of individuals or other entities sue on behalf of the entire class. The district court must find that the claims of the class members contain questions of law or fact in common before the lawsuit can proceed as a class action.⏎
Collateral - Property that is promised as security for the satisfaction of a debt.⏎
Defendant - In a civil case, the person or organization against whom the plaintiff brings suit; in a criminal case, the person accused of the crime.⏎