Collection Suit definition

Collection Suit means any civil action commenced in any court or other tribunal against a Consumer to attempt to collect a Debt, but does not include any post-judgment collection efforts or domestication of a judgment.
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Collection Suit means any civil action commenced in any court or other tribunal by Defendant against a Consumer for the purpose of collecting any Debt.
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Examples of Collection Suit in a sentence

  • Section 6.1. Events of Default 37 Section 6.2. Acceleration 38 Section 6.3. Other Remedies 39 Section 6.4. Waiver of Past Defaults 39 Section 6.5. Control by Majority 39 Section 6.6. Limitation on Suits 40 Section 6.7. Rights of Holders of Notes To Receive Payment 40 Section 6.8. Collection Suit by Trustee 40 Section 6.9. Trustee May File Proofs of Claim 40 Section 6.10.

  • If Defendants are initiating or threatening to initiate a Collection Suit on behalf of a Debt Buyer, a certified or otherwise properly authenticated copy of each bill of sale or other document evidencing the transfer of ownership of the Debt at the time of Charge-off to each successive owner, including the Debt Buyer that retained Defendants to initiate a Collection Suit.

  • Collection Suit by Trustee If an Event of Default specified in Sections 6.01(a)(1) or 6.01(a)(2) occurs and is continuing, the Trustee may recover judgment in its own name and as trustee of an express trust against the Issuers or any other obligor on the Notes for the whole amount then due and owing (together with interest on any unpaid interest to the extent lawful) and the amounts provided for in Section 7.07.

  • LTS Technical Standards manages the progression of issues through the escalation process to E&A.

  • As a remediation, Optical Character Recognition (OCR) and Wearable Data Collection Suit (WDCS) can be used for faster data acquisition and on-site decision-making, rather than transmitting the data to be processed elsewhere.In [9], the authors propose the use of augmented reality and ontologies to help caregivers design and install smart homes for assisting frail people at home.

  • Other Remedies 117 SECTION 6.4. Waiver of Past Defaults 117 SECTION 6.5. Control by Majority 117 SECTION 6.6. Limitation on Suits 118 SECTION 6.7. Rights of Holders to Receive Payment 118 SECTION 6.8. Collection Suit by Trustee 118 SECTION 6.9. Trustee May File Proofs of Claim 118 SECTION 6.10.

  • Civil – Collection Suit filed by the seller of an acquisition made by the Company, referring to payment of alleged premium set in the document called “Agreement of Understanding and Commercial Bases for Property Acquisition”.

  • Based on the alleged fraud and ill practices, he contends that the judgment is a relative nullity.the Collection Suit was originally allotted.

  • In the Collection Suit, the trial court granted Mr. Simmons‘ motion to consolidate that case with Simmons Suit Two.

  • Respondent will maintain policies and procedures requiring that Respondent and its Law Firms comply with the requirements of this Consent Order and the applicable ethical and procedural requirements for the submission of truthful and accurate evidence in connection with a Collection Suit.

Related to Collection Suit

  • Litigation means any action, suit or proceeding before any court, mediator, arbitrator or Governmental Authority.

  • Proceeding means an action, claim, suit, investigation or proceeding (including, without limitation, an informal investigation or partial proceeding, such as a deposition), whether commenced or threatened.