Statute of limitations - The time within which a lawsuit must be filed or a criminal prosecution begun. The deadline can vary, depending on the type of civil case or the crime charged.⏎
Secured debt - Debt backed by a mortgage, pledge of collateral, or other lien; debt for which the creditor has the right to pursue specific pledged property upon default. Examples include home mortgages, auto loans and tax liens.⏎
Venue - The geographic area in which a court has jurisdiction. A change of venue is a change or transfer of a case from one judicial district to another.⏎
Undersecured claim - A debt secured by property that is worth less than the amount of the debt.⏎
Wage garnishment - A nonbankruptcy legal proceeding whereby a plaintiff or creditor seeks to subject to his or her claim the future wages of a debtor. In other words, the creditor seeks to have part of the debtor's future wages paid to the creditor for a debt owed to the creditor.⏎