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Legal entity that owes debt to another entity
A debtor or debitor is a legal entity (legal person) that owes a debt to another entity. The entity may be an individual, a firm, a government, a company
Debtor
Legal status for relief from debts
jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have
Bankruptcy
number of debtors days. Debtor days can also be referred to as debtor collection period. Another common ratio is the creditors days ratio. Debtor days =
Debtor_days
Prison for people unable to repay a debt
A debtors' prison is a prison for people who are unable to pay debt. Until the mid-19th century, debtors' prisons (usually similar in form to locked workhouses)
Debtors'_prison
US corporation under bankruptcy protection but still in possession of its property
A debtor in possession (DIP) in United States bankruptcy law is a person or corporation who has filed a bankruptcy petition, but remains in possession
Debtor_in_possession
Topics referred to by the same term
Debtor and Creditor can refer to: Debtor Creditor Debt This disambiguation page lists articles associated with the title Debtor and Creditor. If an internal
Debtor_and_Creditor
In English and American law, a judgment debtor is a person against whom a judgment ordering him to pay a sum of money has been obtained and remains unsatisfied
Judgment_debtor
1999 film
The Debtors is an American comedy film starring Michael Caine, Randy Quaid, Udo Kier, Catherine McCormack, Scott Atkinson, and Scott Wilson and directed
The_Debtors
Section of the United States Bankruptcy Code
company. In Chapter 11, in most instances the debtor remains in control of its business operations as a debtor in possession, and is subject to the oversight
Chapter 11, Title 11, United States Code
Chapter_11,_Title_11,_United_States_Code
Debtor finance is a process to fund a business using its accounts receivable ledger as collateral. Generally, companies that have low working capital reserves
Debtor_finance
Evaluation of the credit risk of a prospective debtor
prospective debtor (an individual, a business, company or a government). It is the practice of predicting or forecasting the ability of a supposed debtor to pay
Credit_rating
Twelve-step program
Debtors Anonymous (D.A.) is a twelve-step program for people who want to stop incurring unsecured debt. Collectively they attend more than 500 weekly
Debtors_Anonymous
1919 film
A Debtor to the Law is a lost 1919 American silent Western film starring Henry Starr, a convicted bank robber, as himself. The film is about Starr's attempts
A_Debtor_to_the_Law
Section of United States federal statute
Chapter 11 and Chapter 13, which govern the process of reorganization of a debtor. Chapter 7 bankruptcy is the most common form of bankruptcy in the US. When
Chapter 7, Title 11, United States Code
Chapter_7,_Title_11,_United_States_Code
Special form of financing
Debtor-in-possession financing or DIP financing is a special form of financing provided for companies in financial distress, typically during restructuring
Debtor-in-possession financing
Debtor-in-possession_financing
Pursuit of debt payments owed by an individual or business
pursuing payments of money or other agreed-upon value owed to a creditor. The debtors may be individuals or businesses. An organization that specializes in debt
Debt_collection
Leader of Romania from 1965 to 1989
4.5 5.5 6.7 Net status debtor debtor debtor debtor debtor debtor debtor debtor debtor creditor creditor creditor creditor debtor debtor debtor debtor
Nicolae_Ceaușescu
Economic policy in Communist Romania
4.5 5.5 6.7 Net status debtor debtor debtor debtor debtor debtor debtor debtor debtor creditor creditor creditor creditor debtor debtor debtor debtor
1980s austerity policy in Romania
1980s_austerity_policy_in_Romania
Releases individual or business from debts to creditors
the debtor's liability to pay certain types of debts they owe before filing the bankruptcy case. Once a bankruptcy discharge is granted, the debtor is
Bankruptcy_discharge
often applied to determine how bankruptcy affects the property rights of debtors. For example, laws governing the validity of liens or rules protecting
Bankruptcy in the United States
Bankruptcy_in_the_United_States
International organization
countries aiming to provide a sustainable way to tackle debt problems in debtor countries. Its creation, which is the first informal meeting, dates back
Paris_Club
Debts accumulated under Ceaușescu in the 1970s and 1980s
4.5 5.5 6.7 Net status debtor debtor debtor debtor debtor debtor debtor debtor debtor creditor creditor creditor creditor debtor debtor debtor debtor
Foreign debt of the Socialist Republic of Romania
Foreign_debt_of_the_Socialist_Republic_of_Romania
2011 book by Louis Hyman
Debtor Nation: The History of America in Red Ink is a book written by Harvard economic historian Louis Hyman and published by Princeton University Press
Debtor_Nation
Handling of persons who are unable to pay their debts
In legal terms, however, the test for insolvency is whether or not the debtor's liabilities, fairly estimated, exceed his assets, fairly valued. Inability
South_African_insolvency_law
Alternative to bankruptcy
Insolvency Act 1986. It constitutes a formal repayment proposal presented to a debtor's creditors via an insolvency practitioner. Usually but not necessarily,
Individual voluntary arrangement
Individual_voluntary_arrangement
2005 American bill
the debtor's "current monthly income" and the median income for the debtor's state. If the debtor's income exceeds the median income, then the debtor must
Bankruptcy Abuse Prevention and Consumer Protection Act
Bankruptcy_Abuse_Prevention_and_Consumer_Protection_Act
Evasion of debt collection
same debtor within a short enough period of time is low. Contrary to what most debtors believe, debt evasion is not always advantageous to the debtor. The
Debt_evasion
Act of the Parliament of the United Kingdom
courts to detain debtors. In England, debtors owing money could be easily detained by the courts for indefinite periods, being kept in debtor's prisons. Approximately
Debtors_Act_1869
Concept in economics
net-debtor nation for the first time since 1914, when its nominal debt had reached $2 billion. By 1990, the U.S. was the world's largest debtor. By the
Net international investment position
Net_international_investment_position
assets of the debtor. In the event of the bankruptcy of the debtor, the secured creditor can enforce security against the assets of the debtor and avoid competing
Secured_creditor
Property transfer to hinder debt collection
action that arises in debtor/creditor relations, typically brought by creditors or by bankruptcy trustees against insolvent debtors, but in some jurisdictions
Fraudulent_conveyance
Legal right between a debtor and creditor over the debtor's property (collateral)
party has over secured assets. Security interests most often arise where a debtor grants an interest over collateral to a creditor to secure the loan, such
Security_interest
Term for insolvent defendants in contract law
income is low or if the debtor is already subject to garnishment, in order to prevent the impoverishment of the debtor, the debtor's income may be exempt
Judgment_proof
American Christian hardcore band
Debtor is an American Christian hardcore band, and they primarily play hardcore punk and melodic hardcore. They come from Philadelphia, Pennsylvania. The
Debtor_(band)
United States legal form
notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the
UCC-1_financing_statement
Concept in English law
crimes of debtor's dishonesty (velallisen epärehellisyys) and aggravated debtor's dishonesty (törkeä velallisen epärehellisyys) are defined. A debtor is dishonest
Dishonesty
Financial transaction and a type of debtor finance
Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called
Factoring_(finance)
Section of the United States Bankruptcy Code
expensive than a Chapter 13 case, few debtors will choose Chapter 11 if a Chapter 13 bankruptcy is an option. Debtors may also be forced into bankruptcy
Chapter 13, Title 11, United States Code
Chapter_13,_Title_11,_United_States_Code
whereby the assets of a personal debtor are realised and distributed amongst his or her creditors in cases where the debtor is unable or unwilling to pay
Bankruptcy Law in the Republic of Ireland
Bankruptcy_Law_in_the_Republic_of_Ireland
Fiscal term
the debtor (i.e. the debt becomes fiscally unstable). In simpler terms, terminal debt is the point at which debt payments become more than the debtor can
Terminal_debt
Judgements in the jurisdiction of England and Wales
reference agencies to assess the credit-worthiness of individuals. An alleged debtor is sent postal notification of an impending County Court case, and has fourteen
County_Court_judgment
Legal term
performance is secured thereby is termed "the obligor", "the principal debtor", or simply "the principal". Sureties have been classified as follows: Those
Guarantee
or wages of the judgment debtor. Once an emoluments attachment order has been granted, the employer of the judgment debtor (who is referred to as the
Emoluments attachment orders in South Africa
Emoluments_attachment_orders_in_South_Africa
Person or organization that has a claim on the services of another party
equivalent property and service. The second party is frequently called a debtor or borrower. The first party is called the creditor, which is the lender
Creditor
Financial guarantee from a lender
institution ensures that the liabilities of a debtor are going to be met. In other words, if the debtor fails to perform the obligation, the bank will
Bank_guarantee
Settlement negotiated with a debtor's unsecured creditor
debt negotiation or debt resolution) is a settlement negotiated with a debtor's unsecured creditor. Commonly, creditors agree to forgive a large part of
Debt_settlement
State of being unable to pay one's debts
is the state of being unable to pay the debts, by a person or company (debtor), at maturity; those in a state of insolvency are said to be insolvent.
Insolvency
Legal rules relating to financial instruments and financial assets
said contract and the debtor is discharged of his obligation to the creditor. This is crucial. In contracts where A ('the debtor') owes money to B ('the
Financial_law
Lower house of the Parliament of India
not be proclaimed criminal i.e. they should not be a convict, a confirmed debtor or otherwise disqualified by law; and They should have their name in the
Lok_Sabha
Debt management plan (DMP) is an agreement between a debtor and a creditor that addresses the terms of an outstanding debt. This commonly refers to a personal
Debt_management_plan
Body of statutory and common law
Asset protection (sometimes also referred to as debtor-creditor law) is a set of legal techniques and a body of statutory and common law dealing with protecting
Asset_protection
financial claim that requires payment of interest and/or principal by the debtor to the creditor in the future. Examples include debt securities (such as
List of countries by government debt
List_of_countries_by_government_debt
Civil procedure in RSA
the debtor has sufficient assets to meet the amount of the judgment debt. If the debtor cannot pay the debt and has no executable assets, the debtor is
Civil procedure in South Africa
Civil_procedure_in_South_Africa
Claims for payment held by a business
accounts receivable department. While the collections department seeks the debtor, the cashiering team applies the monies received. Businesses aim to collect
Accounts_receivable
New Jersey state law protecting residential mortgage debtors
2A:50-53 to 2A:50-73, is a state law that protects residential mortgage debtors and establishes a uniform statutory framework under which courts can more
New Jersey Fair Foreclosure Act
New_Jersey_Fair_Foreclosure_Act
debt collection where the debtor who has a court money judgement against him is brought into court, "requiring the judgment debtor to appear at a time and
Supplementary_process
benefit of any security interests in the assets of the debtor. In the event of the bankruptcy of the debtor, the unsecured creditors usually obtain a pari passu
Unsecured_creditor
Obligation to pay borrowed money
Debt is an obligation that requires one party, the debtor, to pay money borrowed or otherwise withheld from another party, the creditor. Debt may be owed
Debt
Legal right to take back property
goods if a debtor is in default and the repossession can be conducted without a breach of the peace. Being "in default" means that the debtor has failed
Repossession
Legal right over a debtor's property in civil law systems
claims paid out of the hypothecated property as last recourse when the debtor is in default. In the hypothec, the property does not pass to the creditor
Hypothec
1855–1857 novel by Charles Dickens
youngest child of her family, born and raised in the Marshalsea prison for debtors in London. Arthur Clennam encounters her after returning home from a 20-year
Little_Dorrit
Rescue mechanism for insolvent entities
differences, mainly stemming from the fact that English law does not include the debtor in possession concept. During the reorganisation period, as a result, the
Administration_(law)
Sexual activity involving stimulation of the genitalia by use of the mouth
from a woman or another man of lower social status (such as a slave or debtor) was not humiliating. The Romans thought of oral sex as being far more shameful
Oral_sex
North American professional baseball league
Bally Sports. Diamond filed for bankruptcy in 2023 and took advantage of debtor-friendly rules in the Bankruptcy Code to cancel or renegotiate its TV deals
Major_League_Baseball
When a sovereign entity fails to pay its debts
prohibiting use of force by states, made threats of war or waged war against a debtor nation for failing to pay back debt to seize assets to enforce its creditor's
Sovereign_default
In US law, an injunction against debt collection when bankruptcy is declared
proceedings against the debtor actions to obtain debtor's property actions to create, perfect or enforce a lien against a debtor's property set-off of indebtedness
Automatic_stay
Cast of American crime drama TV series
setting up a scam to defraud HMO medical insurance companies through their debtor, Alex Mahaffey. Hesh accompanied Big Pussy to a waterfall to intimidate
List of The Sopranos characters
List_of_The_Sopranos_characters
Legal term for collecting a debt
allows the plaintiff (the "garnishor") to take the money or property of the debtor from the person or institution that holds that property (the "garnishee")
Garnishment
Worldwide economic depression (1929–1939)
wealth from debtors to creditors without doing damage to the economy. But when the deflation is severe, falling asset prices along with debtor bankruptcies
Great_Depression
Informal document acknowledging debt
repayment terms such as the time of repayment. IOUs usually specify the debtor, the amount owed, and sometimes the creditor. IOUs may be signed or carry
IOU
English court order against judgment debtors
or judge by a judgment creditor, by which the property of the judgment debtor in any stocks or funds or shares in a limited liability company or land
Charging_order
Financial term for the trust between parties in transactions with a deferred payment
payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower. The term "credit" was first used in English in
Credit
Document outlawing a debtor in Scots law
certain cases, but a custom gradually grew up of taking the debtor's oath to pay. If the debtor broke his oath, he became liable to the discipline of the
Letters_of_horning
major element in almost every airline bankruptcy is the rejection by the debtor of its current collective bargaining agreements with employees. After satisfying
List of airline bankruptcies in the United States
List_of_airline_bankruptcies_in_the_United_States
UK remedy of claiming a debtor's goods
goods of a defaulting debtor, but does not remove the goods. After a bailiff has gained peaceful entry to the premises of a debtor, the bailiff may seize
Taking_control_of_goods
Shah of Iran from 1941 to 1979
mid-1970s, Iran's national debt was paid off, turning the nation from a debtor to a creditor nation. The balances on the nation's account for the 1959–78
Mohammad_Reza_Pahlavi
Contract not fully performed or executed
Non-debtors are more likely to receive their consideration if they are able to terminate their executory contracts with a debtor before the debtor files
Executory_contract
judgments and empowers a County Court bailiff to attend a judgment debtor’s (hereafter, debtor) address to take goods for sale. The closest equivalent in Scotland
Warrant_of_execution
American holding company
overseeing the company's bankruptcy case, approved the retailer's $1.75 billion debtor-in-possession loan over the objections of Amazon. Amazon, which owns just
Exemplar_Luxury_Group
2018 film directed by Antonio Morabito
department. Franco takes Guido under his wing, showing him how to harass debtors into repaying their loans. He impresses Guido with ostentatious displays
Forgive_Us_Our_Debts
Series of essays by Samuel Johnson
be seditious. Johnson replaced it with an essay on the imprisonment of debtors. All the essays were published under the byline "Idler". They were not
The_Idler_(1758–1760)
Eligibility criteria for a debtor include: The debtor is insolvent, that is they cannot pay debts in full when they are due. The debtor owes a debt to at least
Personal Insolvency Arrangement
Personal_Insolvency_Arrangement
Court order
other similar official to take possession of property owned by a judgment debtor. Such property will often then be sold in a sheriff's sale and the proceeds
Writ_of_execution
Obligation of repayment without a collateral
legal systems, unsecured creditors who are also indebted to the insolvent debtor are able (and, in some jurisdictions, required) to set off the debts, so
Unsecured_debt
King of England from 1272 to 1307
preventing Jewish moneylenders from creating rent charges on debtors' lands, which often led debtors to lose the land itself. The disease was either dysentery
Edward_I
Factual/reality documentary series
eye-opening insight into cash-strapped Britain from the perspectives of debtors, creditors and debt collectors. "Produced by Brinkworth Films, the series
Can't Pay? We'll Take It Away!
Can't_Pay?_We'll_Take_It_Away!
Legal term and authority
Secured creditor Preferential creditor Unsecured creditor Creditors' rights Debtor Pari passu Subordination Anti-deprivation rule Avoidance regimes & offences
Conservatorship
Financial failure to meet legal conditions of a loan
"bankruptcy": Default: Debtors have been passed behind the payment deadline on a debt whose payment was due. Illiquidity: Debtors have insufficient cash
Default_(finance)
Pejorative term
Deadbeat parent is a US English pejorative term referring to parents who do not fulfill their parental responsibilities, especially when they evade court-ordered
Deadbeat_parent
fraudulent legal transactions, specifically transactions intended to reduce a debtor's estate by transfers to third parties in bad faith. Praetor involvement
Actio_Pauliana
Diplomatic practice coercing alignment or access of an indebted country to its creditor
extend excessive credit to a debtor country with the intention of extracting economic or political concessions when the debtor country becomes unable to
Debt-trap_diplomacy
Form of debt relief for individuals
Chapter 13 (a "reorganization" plan) or Chapter 7 (a "liquidation" of debtor's assets). More rarely, personal bankruptcy proceedings are carried out under
Personal_bankruptcy
Act of the Parliament of the United Kingdom
The Debtors (Scotland) Act 1838 (1 & 2 Vict. c. 114), sometimes the Personal Diligence Act, was an act of the Parliament of the United Kingdom, signed
Debtors_(Scotland)_Act_1838
made against an individual debtor. Before a creditor presents a bankruptcy petition he must usually first serve on the debtor a statutory demand in one
Bankruptcy in the United Kingdom
Bankruptcy_in_the_United_Kingdom
Jewish law on financial transactions
at risk the very life of the debtor. The Deuteronomic verse expresses a similar concern for the security of the debtor's life, but rather than prohibiting
Loans_and_interest_in_Judaism
the debtor to be transferred to the creditor, or sold for the benefit of the creditor. A wide variety of legal mechanisms are employed by debtors to prevent
Attachment_(law)
Chancellor of Germany from 2005 to 2021
the development of debt relief policy. The austerity measures imposed on debtors such as Greece, which were a significant part of Merkel's position in the
Angela_Merkel
When a creditor delays payments from a debtor in exchange for a fee
In finance, discounting is a mechanism in which a debtor obtains the right to delay payments to a creditor, for a defined period of time, in exchange for
Discounting
Legal process where a lender recoups an unpaid loan
mortgage gives a time period for the debtor(s) to cure their loan. The most common time periods allot to debtor(s) is usually 30 days, but for commercial
Foreclosure
Canadian actress (born 1985)
Dandin Angel Globe Theatre, Regina 2007 A Christmas Carol Belle / Agnes / Debtor's Wife / Fan / Belinda Globe Theatre, Regina 2009 Dog Sees God: Confessions
Tatiana_Maslany
DEBTOR
DEBTOR
DEBTOR
Boy/Male
Muslim
Glory
Girl/Female
Arabic, Muslim
Spring
Girl/Female
American, Australian, British, Christian, English, French, Italian, Latin
Young Deer; Fawn; Animal Life; Goddess of Living Things; To Favour
Girl/Female
Tamil
Prathvi | பà¯à®°à®¤à¯à®µà¯€
Girl/Female
Hindu, Indian
Thoughtful
Boy/Male
Greek
Earth-lover. Of Demeter. Demeter is the mythological Greek goddess of corn and harvest. She...
Surname or Lastname
English
English : variant of Ashwell.
Boy/Male
Indian, Sanskrit
Youthful
Girl/Female
Australian, Finnish
Who is Like God
Boy/Male
Indian
Good
DEBTOR
DEBTOR
DEBTOR
DEBTOR
DEBTOR
v. t.
To take possession of by virtue of a warrant or other legal authority; as, the sheriff seized the debtor's goods.
n.
The act or contract by which property is hypothecated; a right which a creditor has in or to the property of his debtor, in virtue of which he may cause it to be sold and the price appropriated in payment of his debt. This is a right in the thing, or jus in re.
n.
One who is insolvent; as insolvent debtor; -- in England, before 1861, especially applied to persons not traders.
n.
The transfer of possession of personal property from a debtor to a creditor as security for a debt or engagement; also, the contract created between the debtor and creditor by a thing being so delivered or deposited, forming a species of bailment; also, that which is so delivered or deposited; something put in pawn.
n.
A space of time granted to a debtor for discharging his obligation.
a.
United, joined, or sharing with another or with others; not solitary in interest or action; holding in common with an associate, or with associates; acting together; as, joint heir; joint creditor; joint debtor, etc.
v. t.
To give authority to; to delegate power to; to commission; to authorize (having commonly a legal force); as, the Supreme Court is empowered to try and decide cases, civil or criminal; the attorney is empowered to sign an acquittance, and discharge the debtor.
v. t.
To attach (a debtor's wages, credits, or property in the hands of a third person) in the interest of the creditor.
n.
An obligation by which property of a debtor was made over to his creditor in security of his debt.
n.
The substitution of one person in the place of another as a creditor, the new creditor succeeding to the rights of the former; the mode by which a third person who pays a creditor succeeds to his rights against the debtor.
n.
A peculiar species of execution upon debts due to the crown, under which the lands and goods of the debtor may be seized to secure payment.
n.
A day laborer; a servant; especially, in some of the Spanish American countries, debtor held by his creditor in a form of qualified servitude, to work out a debt.
n.
One who owes a debt; one who is indebted; -- correlative to creditor.
v. t.
A written engagement on the part of a creditor, allowing a debtor further time to pay a debt.
a.
Not solvent; not having sufficient estate to pay one's debts; unable to pay one's debts as they fall due, in the ordinary course of trade and business; as, in insolvent debtor.
v. t.
To attach (the effects of a debtor) in the hands of a third person ; to garnish. See Garnish.
n.
A process of execution by which the lands and goods of a debtor are valued and delivered to the creditor.
a.
Capable of being recovered or regained; capable of being brought back to a former condition, as from sickness, misfortune, etc.; obtainable from a debtor or possessor; as, the debt is recoverable; goods lost or sunk in the ocean are not recoverable.
n.
A kind of novation by which a debtor, to be liberated from his creditor, gives him a third person, who becomes obliged in his stead to the creditor, or to the person appointed by him.
n.
A chief obligor, promisor, or debtor, -- as distinguished from a surety.