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.

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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.
The impression the debtor seeks to give in his affidavit evidence is that he is not well placed financially.
The following year his museum and all his other buildings went on the auction block to satisfy his debtors.
Defaults are always painful, for debtors and creditors alike. And so they should be.
Their humane treatment of debtors was also notable. Property and Prophets: The Evolution of Economic Institutions and Ideologies
Most was spent on hunting rent debtors, people who had failed to pay for educational courses and owners of abandoned cars. The Sun
The statute defines "a notour bankrupt" to be any debtor who, being under diligence by horning or caption, at the instance of his creditors, shall be either imprisoned, or retire to the abbey or any other privileged place, or flee or abscond for his personal security, or defend his person by force, and who shall afterwards be found, by sentence of the lords of session, to be insolvent. Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 2 "Baconthorpe" to "Bankruptcy"
The remaining areas for controlling debtors are all to do with the timely payment of invoices. Finance for the Non-Financial Manager
This case involved an unroadworthy car sold by a dealer to the finance company to the debtor on hire purchase.
If the account is overdrawn, the bank becomes the creditor and the customer the debtor.
Upon receipt of your instructions we will write to the debtor demanding payment of the outstanding sums.
Bankruptcy cases shall be under the jurisdiction of the people's courts in the of the debtor.
We should modernise and recognise the need to help those who are in debt, but we should not produce a debtors' charter.
What's worse, many firms just don't pay, especially where poor bankruptcy laws and corruptible courts prevent the seizure of debtors' assets.
The ten biggest debtors have been overpaid 1.7million. The Sun
The U.S. can continue as the consumption engine that fuels all the world economies even though it's a debtor nation that borrows this money to consume.
Meanwhile, Cardamone is septical that Israel, the biggest single debtor, will pay off the loans which go back to 1976. ANC Daily News Briefing
However, Mr Nawroze does warn young debtors to seek professional advice.
He made the point that most debtors will have to pay, and will respond positively when things improve.
You may have heard of "irresistible" letters -- sales letters that would sell electric fans to Esquimaux or ice skates to Hawaiians, collection letters that make the thickest skinned debtor remit by return mail, and other kinds of resultful, masterful letters that pierce to the very soul. How to Write Letters (Formerly The Book of Letters) A Complete Guide to Correct Business and Personal Correspondence
Creditors could obtain a writ for the arrest of their debtors.
All of which means that we are a nation of debtors, people who, in large numbers, live beyond our means.
An informal group of commercial bank creditors, the London Club negotiates with debtor governments that have loan problems and need to ...
Garnishment is a powerful inducement for debtors to seek some alternative solution to their difficulties. Principles of Corporate Finance
The term referred to state laws, which emphasized debtor relief rather than fair treatment of creditors. A History of American Law
I inclose a statement of the Debtor & creditor account of the 'Remains' in order to show how far the sale to the present moment will set off against the expences yet unpaid. Letter 405
They are marked by candor, fairness, insight, and a mastery of difficult themes that makes his readers his constant debtors.] [Footnote 4: "If the term 'Altaic' be held to include Korean and The Religions of Japan From the Dawn of History to the Era of Méiji
The average time for big companies to get their money out of debtors is about two months.
But the global economy comprises debtors and creditors. Times, Sunday Times
The debtors have owed the creditors £50 million for years but believed, with a Christian trust rare in these degenerate days, that they had been forgiven the debt.
The representative defended the disconnections, claiming that the company had simply cut off recalcitrant debtors.
Canceling the debt gives poor or debtor countries a fresh start and provides crucial relief to people in great need.
Creditors 4 have better memories than debtors.
The bank's lien would, after all, continue only during the subsistence of the debenture, which the debtor would at all times have the right to redeem.
Creditors 4 have better memories than debtors.
It could not be excluded by agreement between debtor and creditor. Times, Sunday Times
Creditors could obtain a writ for the arrest of their debtors.
Yet price and wage cuts will only make the debt problem worse: deflation is the debtor's biggest enemy. Times, Sunday Times
It is not always clear whether changing legal and custodial practices brought about changes in attitudes towards debtors and towards consumer debt, or the other way round.
Student loans, utility rates and the tax man got you feeling like a one-person debtor nation?
To judge of the perfection of debtors by the numerosity of their creditors is the readiest way for entering into the mysteries of practical arithmetic.
The new act will make it more difficult for debtors to qualify for bankruptcy relief.
Business as usual, say the Barzonistas, involves illegal and immoral acts: political corruption on the part of the government resulting in misappropriation of needed government aid, usury on the part of the banks, and connivance between the two to confiscate land and property from debtors victimized by the corruption and the usury, and consolidate it in the hands of the wealthy. Take this debt and shove it
The debtor himself has to apply for this type of order, in practice often encouraged by the plaintiff.
A judgment debtor could not have the benefits of bankruptcy without its burdens. Times, Sunday Times
There is a bargain that would make both creditors and debtors better off. Times, Sunday Times
This will force hundreds of thousands of middle-income debtors to make significant payments to creditors from their current income, even if they subsequently lose their jobs or suffer other economic reverses.
“They make up a balanced account with Heaven, as our old cellarer used to call his ciphering, as fair as Isaac the Jew keeps with his debtors, and, like him, give out a very little, and take large credit for doing so; reckoning, doubtless, on their own behalf the seven-fold usury which the blessed text hath promised to charitable loans.” Ivanhoe
Assignment results in the transfer from the assignor to the third-party assignee of the right to proceed directly against the debtor or obligor.
The recent Constitutional Court ruling against the execution of immovable property of judgment debtors was an overwhelming victory for the weak and the legally challenged.
For this reason, the Act restricts the creditor's right to terminate the contract, even in cases where his decision is not motivated by the debtor's default but is based on a specific termination clause in the agreement.
The following year his museum and all his other buildings went on the auction block to satisfy his debtors.
But the debtor or hirer may have been prejudiced in some way by reason of this fact.
Creditors can also contact their county sheriff who can seize and sell on goods belonging to the debtor in discharge of a debt.
Indeed, the biblical law is that debtors may not be dunned for repayment.
A man of family, partly from indiscretion, and from various other causes, becomes embarrassed; the clamours of his creditors soon magnify his luxuries, but not a word is said about their innumerable extortions, in the shape of commissions, percentages, and other licensed modifications of cheatery, nor are they reckoned to the advantage of the debtor. The Mirror of Literature, Amusement, and Instruction Volume 10, No. 277, October 13, 1827
The judicial system now had to protect creditors instead of debtors.
Their humane treatment of debtors was also notable. Property and Prophets: The Evolution of Economic Institutions and Ideologies
By a contract thus made, for a valuable consideration, there arises what, in the law phrase is called a lien, on the body and goods of the promissor or debtor. Sketches of the Life and Character of Patrick Henry
There have been quite a few instances of governmentally assisted bailouts because the institution involved posed a systemic risk or the debtor involved was important to our national interest.
He might proceed against the judgment debtor in person; or against his property.
Inducements were offered to the debtor to confess his insolvency and be frank in his discussion of assets.
The debtor will be protected from enforcement action and sequestration while the programme is in place.
_pass_ its dividends; secondly, the bondholder is a creditor, while the stockholder of the corporation is the debtor. Up To Date Business Home Study Circle Library Series (Volume II.)
The most radical and definitive solution would be for all Third World debtor countries to collectively renounce their debts.
The clause had as its primary focus legislation designed to repudiate or adjust pre-existing debtor-creditor relationships that obligors were unable to satisfy.
Cade could provide for both the Crown and its debtors credit and financial expertise.
Another reason to refinance is to get out of an adjustable-rate mortgage, and lock in a lower rate long-term. self employed mortgage and money second mortgage rates mortgage contracting services debtor-in-possession Sound Politics: The Saga of Global Warming
Article 5 Bankruptcy cases shall be under the jurisdiction of the people's courts in the location of the debtor.
Ninety percent of debtors paid up in 1979 rather than tolerate the presence of the malodorous individual in reception for another five minutes.
Financial business was disrupted as debtors died and their creditors found themselves without recourse.
The deflation increased the real income of bondholders and other creditors but injured debtors. The American Nation: A History of the United States to 1877
I accept that there may be situations in which if a creditor unconditionally assigns the benefit of a debt to a debtor, he will thereby extinguish the debt.
And we have a very financially sound corporation backing us up and providing what we call debtor-in - possession financing. CNN Transcript Sep 25, 2005
Someone had to wade into this mess and force the debtors to cough something up.
Its plans to contact potential debtors as proposed may not be enough to reach vulnerable people with certain health conditions, such as mental incapacity. Times, Sunday Times
Creditors 4 have better memories than debtors.
IMF funding vehicles, there would have to be full IMF "conditionality" - the tough terms debtor countries have to meet in return for loans - and Britain's partners in the G20 group of developed and developing nations must participate. The Guardian World News
The poorhouses and the debtors' prisons have long since closed.
If one joint or joint and several debtor is insolvent, the loss resulting from his insolvency is spread equally among the solvent debtors.
Another was Australia, which became a penal colony now that America was no longer available for prisoners and debtors.
Creditors have better memories than debtors.
He might proceed against the judgment debtor in person; or against his property.
A debtor swearing an affidavit that he had resigned his all would not wipe away the claim his creditor had on him.
Germany demands that the debtor nations of southern Europe atone for their sins, insisting on painful austerity. Times, Sunday Times
The ultimate goal of credit is to produce yields for both the bank and the debtor.
Bankruptcy cases shall be under the jurisdiction of the people's courts in the location of the debtor.
If one joint or joint and several debtor is insolvent, the loss resulting from his insolvency is spread equally among the solvent debtors.
If the payment dates are not met for the revised amount, then the debtor is pursuable for the original amount. Times, Sunday Times
The remaining areas for controlling debtors are all to do with the timely payment of invoices. Finance for the Non-Financial Manager
Most of the debtor businesses are now bankrupt or in liquidation.
The court appointed a bankruptcy trustee to administer the property a debtor.
For a country whose reserves are running very low, Khor suggested, the court could organize the creditors to come to meet the debtor and scientifically calculate what the debt is worth and how much the creditors should be repaid - "in other words a drawdown on the debt. Market News
While the system of issuing summonses and warnings to debtors would continue, the council was looking at unformity when dealing with debtors and uniformity in penalties, such as incurring interest on arrears. ANC Daily News Briefing
But at last rose up Stephen the Eater and spake: "Meat and drink and lodging is free without price to every comer to Wethermel, and most oft, as here it is, our good will goes with it; yet meseemeth that since these friends of ours come belike from the outlands and countries where is more tidings than mostly befalleth here, it might please them to make us their debtors by saying us some lay, or telling us some tale; for we be not bustled to drink the voidee cup now, these nights of Midsummer, when night and day hold each other's hands throughout the twenty-four hours. The Sundering Flood
Wage garnishment is a creditor collection tool that a delinquent debtor can escape by filing for bankruptcy.
In either case, the owners must pay back the debtors before getting any money back.
Germany demands that the debtor nations of southern Europe atone for their sins, insisting on painful austerity. Times, Sunday Times
As a lender, a bank will have the usual right to bring a personal action against the debtor on his promise to repay.
The effect of this was to relieve the debtor of all liability for their debts.
As recession looms, how much banks increase reserves depends on how bad they think the downturn will be and how many debtors may have trouble repaying their loans.
The former uses hired thugs to enforce repayment from the debtors; the latter employs the Feds as paid muscle.
So far we have treated the issue as if it concerned the debtor alone.
Interest rates continue to fall, giving crucial help to debtors, most of whose loans have variable rates.
He was loath to be tough on debtors and my mother had to work hard in the shop to compensate for his kind-heartedness.
Among his debtors were many Russian aristocrats and noblemen, both Russian and foreigners.
The position differs where the security given by the debtor comprises marketable (viz. negotiable) securities, such as bearer bonds, share warrants, scrip, or exchequer bills.
Counsel further contended that on the affidavit evidence the debtor has an arguable claim that the solicitors were negligent in two respects.
Debt advisers all tell debtors to make early contact in case of difficulty with payment. Times, Sunday Times
A receiver appointed by the court must act fairly and honestly as a fiduciary on behalf of all parties with an interest in the debtor's property and undertaking.
We and he are transformed from debtor and creditor into bride and bridegroom. Christianity Today
Morality and economics go hand in hand, sometimes in the past a debtor was seen as a wicked person now they are a good consumer
Perhaps the most obvious is wilful and corrupt exploitation of debtors by dishonest employees of the credit reference bureau.
On Sundays the poor debtor goes to church to take an account of stock, and finds, of course, that his outgoes have been greater than his income. The Atlantic Monthly, Volume 12, No. 72, October, 1863
But the position of debtor to a titled cur brings a worse for endurance. Complete Project Gutenberg Works of George Meredith
Sarah is now repaying £401 a month to her debtors and is determined to get back on an even keel.
The onus is now on legal council to establish evidence that is admissible in court of noncompliance on the part of the debtors.
In the ordinary debt collection case, the court would be unimpressed by a claim from a debtor that he was unaware of his rights and obligations under the terms of the loan.
The company faces a class-action lawsuit filed by two debtors in Massachusetts over the credit-card issues.
After repeated but fruitless demands for payment, he brought a suit against the debtor.
We are the world's biggest debtors, borrowing money from Japan and Europe.
How do debtors affect the profit and loss account?
By terminating the contracts at market prices, a net amount might well be payable to the debtor, rather than to the other party.
Answer guide: Record revenue and debtor. 24 Paid Drake ￡682 after taking advantage of a 2.5% discount for prompt payment.
For example, delivery or installation charges imposed on a debtor under a credit agreement that would also have been charged to a cash purchaser will be excluded.
The multiple debtor can face a bewildering array of different creditors using different courts, different procedures and different threats.
Prisoners' allowance was: debtors, three halfpennyworth of bread a day; felons, three halfpennyworth of bread and halfpenny in money every day (weight of threepenny loaf in January, 1775, 1lb. 14 ½ ounces); garnish prohibited.
Had Congress wished to bar private employers from discriminating against debtors in their hiring decisions, it could have done so by adding the phrase 'deny employment' to [the law] when it amended [the law] in 1994 and again in 2005. Red Room: Donna Ballman: Potential Employees Beware: Some Employment Laws Hate Job Seekers
The recent Constitutional Court ruling against the execution of immovable property of judgment debtors was an overwhelming victory for the weak and the legally challenged.
Personally, I would favour a return to the old debtors prisons. Times, Sunday Times
Invoice discounting provides a company with cash against invoices raised to trade debtors.
In addition, the law will require many debtors to pay higher legal fees and agree to a court-ordered repayment plan under Chapter 13 rather than have their debts discharged completely in a nonjudicial proceeding.
However, once the sale occurs the debtor/mortgagor no longer has any interest in the property and any subsequent execution cannot attach to that which the debtor does not own.
14 Hence, when a pawn is stolen the pawnee can sue, even though his debtor be perfectly able to pay the debt; for it is more advantageous to him to rely on the pledge, than to bring a personal action: and this rule is so unbending that even the pawnor who steals a pawn is suable for theft by the pawnee. The Institutes of Justinian
I am neither a felonious drysalter returned from exile, an hospital stump-turner, a decayed staymaker, a bankrupt printer, or insolvent debtor, released by act of parliament. The Life and Adventures of Sir Launcelot Greaves
Markets set borrowing rates, voters turn out politicians who push them too far, and plans to land with hobnailed boots on profligate debtor nations founder on two facts. Borrowers of Euroland are Proving Einstein's Theory of Insanity Right
The scheme allows some debtors to clear debts within a specific period, without repaying the full amount.
[103] methinks this gives much light to the truth in hand: for, what is a surety, but one that undertakes to pay whatsoever he, whose surety he is, is bound to pay, in case the debtor proves nonsolvent, or unable to pay it himself? Private Thoughts Upon Religion and a Christian Life; to which is Added the Necessity and Advantage of Frequent Communion. Volume I.
Needless to say, virtually all debtor governments are counting on continued negotiations with their creditors to alleviate their debt burdens.
As a young mother she was forced to live in debtors' prison. PERDITA: The Life of Mary Robinson
In public debts, as in private debts, the debtor should make a fair and honest effort to justify the trust imposed in it when it pledged its word and its faith, and the natural complement of a fair and honest attitude on the part of the borrower is a willingness on the part of the creditor to make an equitable settlement with a distressed but conscientious borrower. The Next Five Years in Canada
In other words, a site like group-hug, as a creditor-debtor forum, encourages role-play so that every confessant gets the chance to suffer and to embody ‘ideal phenomena’: juror, reader, priest, comrade.
Creditors could obtain a writ for the arrest of their debtors.
Once “garnishee” becomes established as the verb form, judgment creditors will go to court seeking to garnishee the wages of their judgment debtors. The Volokh Conspiracy » Horace Comes to Law School:
Not only was he bankrupted by the enterprise and flung into debtors' prison, he also endured the wrath and scorn of the scientific and religious establishments. Times, Sunday Times
Since this involved restricting the rights of surplus nations, his plans were circumscribed by Washington, a nice irony now that America is a debtor nation.
Sometimes the debtor has to bear severe loss, while the creditor goes on minting money.
Consequently, justice in the full and proper sense of the term requires a perfect distinction between debtor and creditor. The Catholic Encyclopedia, Volume 8: Infamy-Lapparent
Chasing debtors via the legal system wastes court time, is costly and impedes faster repayment.
They make up a balanced account with Heaven, as our old cellarer used to call his ciphering, as fair as Isaac the Jew keeps with his debtors, and, like him, give out a very little, and take large credit for doing so; reckoning, doubtless, on their own behalf the seven-fold usury which the blessed text hath promised to charitable loans. Ivanhoe. A Romance
ORLEANS - After 33 months in what he called debtor's prison, Richard Birchall was suddenly released from jail Wednesday under new law created by the state's highest court for people jailed on civil contempt charges. Reader - MassLive.com
If the debtor refuses to attend for oral examination he is liable to be committed to prison for contempt of court.
While applying creditor-oriented rules against Third World countries and other debtors, the IMF pursues a double standard with regard to the United States. SUPER-IMPERIALISM: Shameful Legacy Of Liberal Democrats
Germany demands that the debtor nations of southern Europe atone for their sins, insisting on painful austerity. Times, Sunday Times
Assumptions about the rate of payment by debtors may have a significant bearing on the expected profitability of the project.
We and he are transformed from debtor and creditor into bride and bridegroom. Christianity Today
I am going to get sued and spend the rest of my life in debtors' prison! Times, Sunday Times
Invoice financing is similar to factoring, where banks lend against sales and money owed by debtors.
Responsibility lies with both creditors and debtors. Times, Sunday Times
Also be aware that debtors are not liable to pay debts continuing beyond six years. Times, Sunday Times
Debt consolidation and a debt management plan won't do any good if the debtor simply doesn't have any spare cash.
However, Mr Nawroze does warn young debtors to seek professional advice.
A policy Studies Institute report concluded that specialist money advice was helpful to debtors, particularly multiple debtors.
As for the gild's financial influence, some jurats were indeed occasionally debtors of the gild, but their debts were contracted as gildsmen not as jurats.
Bank officials argued that it is not their job to chase down every asset of every bank debtor.
Lit theorists point out that he was an "absurdist" partially in self-defense; his father was sent to debtor's prison when he was only thirteen, and he was forced after that to get a job to support himself. Archive 2008-11-01
More than once he found himself in a debtors' prison. Times, Sunday Times
Examples of interventionist measures by the French government included tough agricultural import restrictions and minimum grain prices, intended to support the nominal incomes of farmers (a political powerful group of debtors); government-supported cartelization of industry, as well as import protection, with the goal of increasing prices and profits; and measures to reduce labor supply, including repatriation of foreign workers and the shortening of workweeks. Normal Criticism of the New Deal, Bryan Caplan | EconLog | Library of Economics and Liberty
[166] The praetor -- The _praetor urbanus_, or city praetor, who decided all causes between citizens, and passed sentence on debtors. Conspiracy of Catiline and the Jurgurthine War
My successor spent several months on the intercontinental telephone lines trying to locate the debtors.
Faced with two debtors, neither of whom could repay the loan, the creditor decided to cancel both obligations.
Article 237 The debtor may request the lien holder to enforce the right of lien after the expiration of the time limit for payment of the debts.
Primarily, the banker - customer relationship is that of debtor and creditor.
Unable to pay 20 gold napoleons for his stay, the poor man was thrown into debtor's prison before being drafted into service in the emperor's army.
Consider factoring or invoice discounting - drawing down bank finance against your debtor balance.
Government guarantees of private debt, either explicit or implicit, can have profound effects on debtors' and creditors' incentives," Richmond Fed President Jeffrey Lacker said in a speech last week.
So long ago as 1848 it was decided by the House of Lords in _Foley_ v. _Hill_, 2 H. of L. 28, that the real relation between banker and customer was that of debtor and creditor, not in any sense that of trustee and _cestui que trust_, or depositee and depositor, as had been formerly supposed and contended. Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 3 "Banks" to "Bassoon"
Living debtor subject to jurisdiction of Scottish courts -- (a) on his own petition with concurrence of qualified creditors, or (b) on petition of qualified creditors, provided he be a notour bankrupt, and have had a dwelling-house or place of business in Scotland within the previous year. Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 2 "Baconthorpe" to "Bankruptcy"
Creditors have better memories than debtors.
We must, however, leaving all cases of abuse out of the question, remember, that a really unrightful favor, granted to the debtor, may possibly entail the ruin of his creditor. System der volkswirthschaft. English
_ Doubtless the fraudulent or utterly reckless debtor is, in the eye of reason, the first "wolfish" assailant of his brother. Blackwood's Edinburgh Magazine, Vol 58, No. 357, July 1845
There are wealthy creditors and bankrupt debtors; there are super rich countries and underdeveloped countries, super wealthy speculators and impoverished malnourished children.
Bank officials argued that it is not their job to chase down every asset of every bank debtor.
Upon being granted a writ of garnisheement, the creditor is known as a garnisheeor, and the debtor as a garnisheeee. The Volokh Conspiracy » Horace Comes to Law School:
Even so, it is straining credulity too far to conclude that the debtor has an arguable case.
The legal doctrine of extinctive prescription would entitle the debtor to refuse the performance demanded by the creditor as a result of lapse of time.
The acid-test ratio assumes that all current liabilities are payable immediately and that the debtor will convert the mast liquid assets to cash.
The banks have been busy threatening debtors with repossession of their assets, resulting in more of them paying up.
Perhaps the most obvious is wilful and corrupt exploitation of debtors by dishonest employees of the credit reference bureau.
Bank of America declined to comment on specifics of the case but pointed to a court filing in which the bank argued that "a lender has no duty to investigate or disclose the improvidence of a debtor's proposed investment. Lure of quick profits snared investors in Carolina land deals
This case involved an unroadworthy car sold by a dealer to the finance company to the debtor on hire purchase.

How To Use Debtor In A Sentence

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