Abatement

Abatement is a reduction in or reprieve from a tax, debt or any other payment obligation.  Sometimes, an abatement provisions is included in a contract.  Abatement can happen under various grounds such as death of a party, on premature commencement of action, when another case is pending on the same issue, or when the interest of a party in the case has changed or is transferred to another person.


Inside Abatement