An obligation where the makers are both individually and jointly liable. This allows the creditor to sue one or all for payment of an obligation. On a joint income tax return, a husband and wife are usually jointly and severally liable. The IRS can collect any tax due from either or both spouses. See innocent spouse relief.
A legal doctrine that makes each of the parties who are responsible for an injury, liable for all the damages awarded in a lawsuit if the other parties responsible cannot pay.
A legal doctrine holding equally responsible all parties involved, each of which is 100% liable.
Under federal and sometimes California law each part that contributed to damages may be held liable for all damages, but each has the right to compel the others to contribute and indemnify.
An obligation for which multiple individuals are liable for payment.
A legal concept where defendants can be held both collectively and individually liable for all damages, regardless of their degree of fault. See RCW 4.22.070.
If more than one person enters into a credit agreement then both are liable for the full amount. For example, after divorce or separation, both parties can be pursued for the outstanding amount. This also applies to rent arrears on joint tenancies, arrears on joint mortgages, Council Tax payment and water rates on properties that have been jointly occupied.
A legal doctrine permitting recovery from any of several co-defendants based on ability to pay, rather than the degree of negligence.
When multiple individuals borrow for a single piece of property, the promise that all parties are each liable for the debt in full.
Refers to a plaintiff's ability to sue one or more defendants separately or all together at his or her option. Permits a group of defendants to be held both individually and collectively liable for all damages suffered by the plaintiff. The plaintiff can recover the entire amount of damages from one defendant, even if all of the defendants are liable. Joint Tenancy: A form of legal co-ownership of property (also known as survivorship). At the death of one co-owner, the surviving co-owner becomes sole owner of the property. Tenancy by the entirety is a special form of joint tenancy between a husband and wife.
A liability which allows the creditor to sue any one of the debtors or sue all together.
A legal doctrine whereby a creditor or claimant may demand payment or sue one or more of the parties separately, or all of them together.
The liability of more than one person for which each person may be sued for the entire amount of the damages.
The liability of more than one individual that may be enforced against them all by a joint action or against any one of them by an individual action.
Refers to a plaintiff's ability to sue one or more defendants separately or all together at his or her option. Permits a group of defendants to be held both individually and collectively liable for all damages suffered by the plaintiff. The plaintiff can recover the entire amount of damages from one defendant, even if all of the defendants are liable. For incidents arising after August 17, 2002: Due to a new Pennsylvania law, joint and several liability has been changed so that a plaintiff may no longer be able to collect all his damages from one defendant, even if more than one defendant is found responsible. A percentage of fault will be assessed against each defendant and, unless a defendant's negligence is 60% or greater, an at fault defendant will be responsible for only its percentage of fault.
Liability in which each defendant is responsible for the entire amount of the judgment. Often the court will allow the plaintiff to collect from whichever defendant can most easily pay, letting that defendant demand contributions from the other defendants.
A legal obligation under which a party may be liable for the payment of the total judgment and costs, even if that party is only partially responsible for the loss.
A situation when more than one party is liable for repayment of a debt or obligation. A creditor can obtain compensation from one or more parties, either individually or jointly. ( See liability)
When two or more people agree to take on the same obligation (such as a loan), they may each be responsible for a certain portion of the obligation or they may each be responsible for the entire obligation. When the contract states that liability is "joint and several", it means that all parties together are responsible for the obligation ("joint") but also that each party individually is responsible for the entire obligation on their own ("several"). The creditor may sue all of them or just one for the debt.
Liability for damages imposed on two or more individuals or legal entities who are responsible together and individually, allowing the party harmed to seek full remedy against all or any number of the wrongdoers.
A liability which allows a creditor to collect against any one of the debtors for the entire amount of the debt, regardless of fault or culpability. Most mortgage notes that are signed by husband and wife create joint and several liability.
Legal doctrine which makes any number of members of a party responsible for a liability, at adversary's discretion.
A situation whereby a creditor can demand full repayment from any and all borrowers. Each borrower is liable for the full debt, not just the prorated share.
where parties act together in a contract as partners they have joint liability which means they are each responsible for their share of any debt or loss. A creditor must sue all of them together to get the full amount back. If they have joint and several liability they are each liable for the entire contract and the creditor can recover the whole debt from any one of them and leave that person to recover the shares of the rest from them.
A legal term allowing each party having liability to be sued for the entire amount of damages done by all the parties.
A creditor can demand full repayment from any and all of those who have borrowed. Each borrower is liable for the full debt, not just the prorated share.
The Bank's joint account authorities, guarantee forms, etc are framed to ensure that joint account holders with debts due to the Bank of joint guarantors liable to the Bank shall be SEVERALLY liable, (i.e. individually), as well as JOINTLY. With Joint and Several Liability a creditor has as many rights of action as there are debtors; he can sue them jointly or severally until he has obtained payment, and an unsatisfied judgment against one debtor will not be a bar to an action against the others.
Under CERCLA, this legal concept relates to the liability for Superfund site cleanup and other costs on the part of more than one potentially responsible party (i.e. if there were several owners or users of a site that became contaminated over the years, they could all be considered potentially liable for cleaning up the site.) No entries at this time.
A legal doctrine that requires each of the parties who are responsible for an injury to pay all the damages awarded in a lawsuit if the other responsible parties cannot pay.
Where two or more people enter into an obligation such as a guarantee together, joint and several liability means that the lender or creditor can recover the whole indebtedness from any one of them. They are then left to sort out their respective contributions between themselves.
A situation in which more than one party is liable to repay a debt or obligation and a creditor can obtain compensation from one or more parties, either individually or jointly, whichever he chooses.
Situation wherein each borrower, on the same note, is held fully liable for the entire amount of the debt, not just a portion. The creditor may demand full repayment from any individual.
A judgment obtained against multiple tort feasors that may be enforced against the tort feasors collectively or individually; permits the injured party to recover the entire amount of compensation due for injuries from any tort feasor who is able to pay, regardless of the degree of that party's negligence.
A liability involving two or more parties, which is each party's liability individually and independently as well as a liability shared aggregately by both parties.
means that you agree to be jointly and individual liable for a debt with another person
The legal principle that permits an injured party to recover the entire amount of compensation due for injuries regardless of the degree of that party's negligence.
A creditor can ask to be paid in full by the borrower, in turn the borrower is responsible for paying the full debt not just a prorated portion.