Define: Pocket Judgment

Pocket Judgment
Pocket Judgment
Quick Summary of Pocket Judgment

The concept of pocket judgement was a historical legal practice that facilitated the recovery of owed debts. It involved a unique type of agreement, known as a bond, which the debtor would sign, committing to repay the borrowed funds. In the event of non-payment, the creditor had the authority to seize the debtor’s property, possessions, and even their person to retrieve the owed money. This law originated in the 13th century and remained in effect until 1863. Its significance lay in fostering trust and assurance in lending, thereby promoting trade and commerce.

Full Definition Of Pocket Judgment

The term “pocket judgement” is used in history to describe the Statute Merchant, a law created in the 13th century to aid in the collection of debts. This law introduced a commercial bond that could be used to quickly seize the debtor’s assets, including their lands, goods, and even their body, if the debt was not paid on time. The Statute Merchant, also known as pocket judgement, was enacted during the reign of Edward I to facilitate commerce. It allowed creditors to demand the imprisonment of their debtors if they failed to repay their debts. This was a significant departure from the previous common law, which did not permit individuals to offer their body or freedom as collateral for debt repayment. The example provided demonstrates how the Statute Merchant, or pocket judgement, played a crucial role in the development of English law. It provided creditors with a new means of securing their debts and contributed to the growth of commerce by enabling more efficient debt recovery. The term “pocket judgement” specifically refers to the commercial bond established under this law, which empowered creditors to enforce their rights effectively.

Pocket Judgment FAQ'S

Pocket Judgment is a mobile application that provides users with quick and easy access to legal information and resources. It allows users to ask legal questions and receive answers from qualified attorneys.

Users can download the Pocket Judgment app on their smartphones and create an account. They can then submit their legal questions through the app, and attorneys registered with Pocket Judgment will provide answers based on their expertise. Users can also browse through previously asked questions and answers for additional information.

While Pocket Judgment provides access to qualified attorneys who can offer legal information, it is important to note that the answers provided through the app should not be considered as formal legal advice. The app is designed to provide general guidance and information, but for specific legal matters, it is always recommended to consult with an attorney directly.

The Pocket Judgment app is free to download and use. However, there may be charges associated with certain premium features or additional services offered within the app. Users should review the app’s terms and conditions for more information on any potential costs.

Pocket Judgment carefully vets and verifies the attorneys registered on the platform to ensure their qualifications and expertise. However, it is always advisable to conduct your own research and due diligence before relying solely on the advice provided by any attorney, whether through Pocket Judgment or any other platform.

Users can ask a wide range of legal questions on Pocket Judgment, but it is important to remember that the app is not intended for emergency situations or urgent legal matters. If you require immediate legal assistance, it is best to contact a local attorney or emergency services.

Pocket Judgment takes user privacy and data security seriously. The app employs various measures to protect user information, including encryption and secure servers. However, it is always advisable to review the app’s privacy policy and terms of service to understand how your data is handled.

While Pocket Judgment provides access to attorneys who can answer legal questions, it is not primarily designed as a platform for finding legal representation. However, some attorneys registered with Pocket Judgment may offer their services for specific cases. Users can contact attorneys directly through the app to inquire about their availability and expertise.

The answers provided by attorneys on Pocket Judgment should not be considered as formal legal advice or admissible evidence in a court of law. They are intended to provide general guidance and information. For legal matters that require court proceedings, it is essential to consult with an attorney who can provide tailored advice based on your specific circumstances.

Pocket Judgment values user feedback and encourages users to report any issues or provide suggestions for improvement. Users can typically find a “Contact Us” or “Support” section within the app, where they can submit their feedback or report any problems they encounter.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 16th April 2024.

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