Consumer bankruptcy - A bankruptcy case filed to reduce or eliminate debts that are primarily consumer debts.⏎
Counsel - Legal advice; a term also used to refer to the lawyers in a case.⏎
Contingent claim - A claim that may be owed by the debtor under certain circumstances, e.g., where the debtor is a cosigner on another person's loan and that person fails to pay.⏎
Collateral - Property that is promised as security for the satisfaction of a debt.⏎
Consecutive sentence - Prison terms for two or more offenses to be served one after the other. Example: Two five-year sentences and one three-year sentence, if served consecutively, result in a maximum of 13 years behind bars.⏎