Payplan Glossary of Debt terms

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Glossary of Debt Terms

A | B | C | D | E | F | G | H | I | J | L | O | P | R | S | T | U | V | W
Click debt term for information.
 

A

Administration Orders

Assignment

Arrears

Assets

Attachment of Benefits

Attachment of Earnings

 

B

Bailiffs

Balloon payment

Bankruptcy

 

C

Certificate of Satisfaction

Charge for Payment

Charging orders

Company Voluntary Arrangement

Contractual payments

County Court Judgment

Court Claim Form

Credit file

Creditors

 

D

Debt collection agency

Debtor

Default Notice

Deficit

Dependent

Distress

 

E

Earnings Arrestment

Equity

Ex parte (also known as 'without attendance')

 

F

Final discharge

Fraud

 

G

Guarantees

 

H

Hire Purchase

 

I

Income Payments Order

Informal Arrangement

Insolvency

Insolvency practitioner

 

J

Joint & Several Liability

 

L

Lender

Levy

Liabilities orders

Liquidation (also known as "winding-up")

 

O

Official Receiver (or Trustee in Bankruptcy)

 

P

Proof of debt form

Property restriction

Pro-Rata

Proxy

 

R

Right to Off-Set

 

S

Secured Debt

Statutory demand

Surplus Income (Available Surplus)

 

T

Time orders

Token Payments

Transactions at an Undervalue

Trustee

 

U

Unsecured Debt

 

V

Variation orders

 

W

Warrant of Arrest

Warrant of execution

Windfalls