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DEBT

Legal Term: DEBT
Definition: remedies. The name of an action used for the recovery of a debt eo nomine and in numero though damages are generally awarded for the detention of the debt, these are, however, in most instances, merely nominal. 1 H. Bl. 550, Bull. N. P. 167 Cowp. 588. 2. The subject will be considered with reference, 1. To the kind of claim or obligation on which this action may be maintained. 2. The form of the declara- tion. 3. The plea. 4. The judgment. 3. - 1. Debt is a more extensive remedy for the recovery of money than assumpsit or covenant, for it lies to recover money due upon legal liabilities, as, for money lent, paid, had and received, due on an account stated, Com. Dig. Dett, A, for work and labor, or for the price of goods, and a quantum valebant thereon, Com. Dig. Dett, B Holt, 206, or upon simple contracts, express or implied, whether verbal or written, or upon contracts under seal, or of record, or by a common informer, whenever the demand for a sum is certain, or is capable of being reduced to certainty. Bull. N. P. 167. It also lies to recover money due on, any specialty or contract under seal to pay money. Str. 1089, Com. Dig. Dett, A 4, 1 T. R. 40. This action lies on a record, or upon a judgment of a court of record, Gilb. Debt, 891, Salk. 109, 17 S. & R. 1, or upon a foreign judgment. 3 Shepl. 167, 3 Brev. 395. Debt is a frequent remedy on statutes, either at the suit of the party grieved, or of a common informer. Com. Dig. Action on Statute, E, Bac. Ab. Debt, A. See, generally, Bouv. Inst. Index, h. t., Com. Dig. h. t., Danes Ab. h. t.. Vin. Ab. h. t., Chit. Pl. 100 to 109, Selw. N. P. 553 to 682, Leighs N. P. Index, h. t. Debt also lies, in the detinet, for goods, which action differs from detinue, because it is not essential in this action, as in detinue, that the property in any specific goods should be vested in the plaintiff, at the time the action is brought, Dy. 24 b, and debt in the debet and detinet may be maintained on an instru- ment by which the defendant is bound to pay a sum of money lent, which might have been discharged, on or before the day of payment, in articles of merchandise. 4 Yerg. R. 171, see, Com. Dig. Dett, A 5, Bac. Ab. Debt, F, 3 Woodd. 103, 4, 1 Dall. R. 458. 4. - 2. When the action is on a simple contract, the declaration must show the consideration of the contract, precisely as in assumpsit, and it should state either a legal liability or an express agrement, though not a promise to pay the debt. 2 T. R. 28, 30. When the action is founded on a specialty or record, no consideration need be shown, unless the performance of the consideration constitutes a condition precedent, when performance of such consideration must be averred. When the action is founded on a deed, it must be declared upon, except in the case of debt for rent. 1 New R. 104. 5. - 3. The plea to an action of debt is either general or special. 1. The plea of general issue to debt on simple contracts, or on statutes, or when the deed is only matter of inducement, is nil debet. See Nil debet. In general, when the action is on a specialty, the plea denying the existence of the contract is non est factum, 2 Ld. Raym. 1500, to debt on record, nul tiel record. 16 John. 55. Other matters must, in general, be pleaded specially. 6.-4. For the form of the judgment, see Judgment in debt. Vide Remedy.



***All definitions are taken from the 1856 Edition of Bouviers Law Dictionary

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