In most cases, you can get rid of credit card debt in Chapter 7 bankruptcy. Learn what happens to your credit card debt in Chapter 13 bankruptcy. If you take out a cash advance prior to bankruptcy, you might not be able to discharge the debt. Learn more.
A novation is a trilateral agreement by which an existing contract is extinguished and a new contract brought into being in its place. Indeed, for an agreement to effect a valid novation the appropriate consideration is the discharge of the original debt in return for a promise to perform some obligation.
moment in Mechanical Engineering (moÊmÉnt) A moment is the ability of a force to turn, twist, or bend. It is equal to the force multiplied by the distance from the center of twisting, turning, or bending. Using a long-handled wrench allows a greater moment to be applied to the nut. Torque is the moment of force which tends to twist a structure.