Nonexempt assets - Property of a debtor that can be liquidated to satisfy claims of creditors.⏎
Presentence report - A report prepared by a court's probation officer, after a person has been convicted of an offense, summarizing for the court the background information needed to determine the appropriate sentence.⏎
Prosecute - To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government⏎
Nolo contendere - No contest. A plea of nolo contendere has the same effect as a plea of guilty, as far as the criminal sentence is concerned, but may not be considered as an admission of guilt for any other purpose.⏎
Plea - In a criminal case, the defendant's statement pleading "guilty" or "not guilty" in answer to the charges. See also nolo contendere.⏎