Terms Used In North Carolina General Statutes > Chapter 75 > Article 2 - Prohibited Acts by Debt Collectors

• Arrest: Taking physical custody of a person by lawful authority.
• Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
• Consumer: means any natural person who has incurred a debt or alleged debt for personal, family, household or agricultural purposes. See North Carolina General Statutes 75-50
• Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
• Debt: means any obligation owed or due or alleged to be owed or due from a consumer. See North Carolina General Statutes 75-50
• Debt collector: means any person engaging, directly or indirectly, in debt collection from a consumer except those persons subject to the provisions of Article 70, Chapter 58 of the N. See North Carolina General Statutes 75-50
• following: when used by way of reference to any section of a statute, shall be construed to mean the section next preceding or next following that in which such reference is made; unless when some other section is expressly designated in such reference. See North Carolina General Statutes 12-3
• Fraud: Intentional deception resulting in injury to another.
• Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
• Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
• Location information: means information about a consumer's place of abode, any telephone numbers used by the consumer, and information about the consumer's place of employment. See North Carolina General Statutes 75-50
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• property: shall include all property, both real and personal. See North Carolina General Statutes 12-3
• Service of process: The service of writs or summonses to the appropriate party.
• state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3
• Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.