Felony - A serious crime, usually punishable by at least one year in prison.⏎
Judgment - The official decision of a court finally resolving the dispute between the parties to the lawsuit.⏎
Mistrial - An invalid trial, caused by fundamental error. When a mistrial is declared, the trial must start again with the selection of a new jury.⏎
Fresh start - The characterization of a debtor's status after bankruptcy, i.e., free of most debts. (Giving debtors a fresh start is one purpose of the Bankruptcy Code.)⏎
Exempt assets - Property that a debtor is allowed to retain, free from the claims of creditors who do not have liens on the property.⏎