debtor

[ US /ˈdɛtɝ/ ]
[ UK /dˈɛtɐ/ ]
NOUN
  1. a person who owes a creditor; someone who has the obligation of paying a debt
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How To Use debtor In A Sentence

  • Now that I think about it, direct property distraint was a recognized means of compelling welchers to fulfill their obligations in the quasi-anarchic Brehon laws of Celtic Ireland, even if it was a case of tenants or debtors going after landlords or creditors. Shameless Self-promotion Sunday #30
  • In terms of complying with the legislation in respect of recovery of payments, their way will be a brick through the window, or sending the heavies around to deal with a debtor.
  • My hope is that it's not a liquidation," Sen. Chris Dodd, chairman of the Banking Committee, said this morning on the "Early Show" on CBS, "but what they call a debtor-in-possession, sort of Chapter 11 filing, which would allow for the reorganization of these companies. lsj.com - News
  • Bank officials argued that it is not their job to chase down every asset of every bank debtor.
  • For the first time in financial history, a major debtor nation owes its debt in its own currency.
  • As a last resort, you could also apply to have a judgment mortgage registered on the deeds of your debtor's property.
  • The court will send a certificate if necessary of satisfaction to the registry and issues a certificate of satisfaction to the debtor.
  • The bank advances funds to you in exchange for the right to collect that amount from income streams due to the business from debtors.
  • Society member Thomas Snowden held "Fifty shares of the stock of the New Jersey Morris Canal and Banking Company" when he died and when creditors forced Theophilus Eaton to file as an insolvent debtor, he possessed a note from William Garratt promising the delivery of Advocating The Man: Masculinity, Organized Labor, and the Household in New York, 1800-1840
  • The creditor could sue the debtor, sell the mortgage securities or sue the surety.
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