Creditor - A person to whom or business to which the debtor owes money or that claims to be owed money by the debtor.⏎
Common law - The legal system that originated in England and is now in use in the United States, which relies on the articulation of legal principles in a historical succession of judicial decisions. Common law principles can be changed by legislation.⏎
Contract - An agreement between two or more people that creates an obligation to do or not to do a particular thing.⏎
Concurrent sentence - Prison terms for two or more offenses to be served at the same time, rather than one after the other. Example: Two five-year sentences and one three-year sentence, if served concurrently, result in a maximum of five years behind bars.⏎