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DISPOSABLE INCOME

by Law Professor

Bankruptcy denotes the difference between the debtor's monthly income and allowable expenses, which is the amount that current bankruptcy law makes available for payment into a Chapter 13 plan. … [Read more...] about DISPOSABLE INCOME

DISQUALIFY

by Law Professor

To divest or deprive of qualifications; to incapacitate; to render ineligible or unfit; as, in speaking of the "disqualification" of a judge by reason of his interest in the case, of a juror by reason of his holding a fixed preconceived opinion, or of a candidate for public office by reason of non-residence, lack of statutory age, previous commission of crime, etc. … [Read more...] about DISQUALIFY

DISPOSABLE PORTION

by Law Professor

That portion of a man's property which he Is free to dispose of by will to beneficiaries other than his wife and children. By the ancient common law, this amounted to one third of his estate if he was survived by both wife and children. 2 Bl. Comm. 492; Hopkins v. Wright, 17 Tex. 36. In the civil law (by the Lex Falcidia) it amounted to three fourths. Mackeld. Rom. Law, … [Read more...] about DISPOSABLE PORTION

DISRATE

by Law Professor

In maritime law. To deprive a seaman or petty officer of his "rating" or rank; to reduce to a lower rate or rank. … [Read more...] about DISRATE

DISPOSE

by Law Professor

1. To transfer to another. 2. To throw away. 3. To settle or finalize a matter. To alienate or direct the ownership of property, as disposition by will. Used also of the determination of suits. Called a word of large extent. … [Read more...] about DISPOSE

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