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A creditor is said to "save the statute of limitations" when he saves or preserves his debt from being barred by the operation of the statute. Thus, in the case of a simple contract debt if a creditor commence an action for its recovery within six years from the time when the cause of action accrued, he will be in time to save the statute. Brown. … [Read more...] about SAVING THE STATUTE OF LIMITATIONS

A scandalous verbal report or rumor respecting some person. 2. The remedy is an action on the case. 3. In chancery practice, when a bill or other pleading contains scandal, it will be referred to a master to be expunged, and till this has been done, the opposite party need not answer. 3 Bl. Com. 342. Nothing is considered scandalous which is positively relevant to the cause, … [Read more...] about SCANDAL

See bank account; an account at a bank or other financial institution intended for the saving of money and withdrawal by the account owner. … [Read more...] about SAVINGS ACCOUNT

equity pleading. A false and malicious statement of facts, not relevant to the cause. But nothing which is positively relevant, however harsh or gross the charge may be, can be considered scandalous. 4 Bouv. Inst. n. 4163. 2. A bill cannot by the general practice, be referred for impertinence after the defendant has answered, or submitted to answer, but it may be referred for … [Read more...] about SCANDALOUS MATTER

Full payment of a mortgage in full satisfaction. May also refer to the document that is provided to indicate that a mortgage has been paid in full and the mortgage lien released. … [Read more...] about SATISFACTION OF MORTGAGE