The term "extortionate" refers to any method that employs violence or threats of violence to cause harm to a person, their reputation, or their property. This definition is rooted in legal standards that aim to protect individuals from coercive practices that exploit fear and intimidation.
Extortionate practices are primarily addressed in criminal law, particularly in cases involving extortion or coercive credit transactions. Legal professionals may encounter this term in various contexts, including:
Users can manage some related legal matters themselves with the help of templates available through US Legal Forms.
Here are a couple of examples of abatement:
Example 1: A loan shark threatens a borrower with physical harm if they do not repay an exorbitant interest rate. This scenario illustrates extortionate practices.
Example 2: A person threatens to damage another's property unless they receive a payment. This also qualifies as extortionate behavior.
According to 18 USCS § 891, extortionate means are defined legally in the context of credit transactions. This statute outlines the criminal implications of using threats or violence in financial dealings.
Examples of state differences (not exhaustive):
| State | Legal Variations |
|---|---|
| California | Strict penalties for extortionate credit transactions. |
| New York | Specific laws regarding threats in debt collection practices. |
| Texas | Broad definitions that include various coercive tactics. |
This is not a complete list. State laws vary, and users should consult local rules for specific guidance.
| Term | Definition | Key Differences |
|---|---|---|
| Extortion | Obtaining something through threats or force. | Involves direct threats of violence. |
| Blackmail | Threatening to reveal information to gain something. | Focuses on information rather than physical harm. |
If you believe you are a victim of extortionate practices, consider the following steps:
Browse our library of 85,000+ state-specific legal templates.
Extortion is when someone uses threats, coercion, or violence to obtain money or property from another person.