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Refinance and Mortgage Encyclopedia - debtor
debtorA personAn individual, corporation, partnership, Limited Liability Company or other legal entity. (REF CGS §38a-1(14)). who has filed a petition for relief under the Bankruptcy Codethe informal name for title 11 of the United States Code (11 U.S.C. § 101-1330), the federal bankruptcy law.. Debtora personAn individual, corporation, partnership, Limited Liability Company or other legal entity. (REF CGS §38a-1(14)). who has filed a petition for relief under the bankruptcyThe legal proceedings by which the affairs of a bankrupt person are turned over to a trustee or receiver laws. DebtorA personAn individual, corporation, partnership, Limited Liability Company or other legal entity. (REF CGS §38a-1(14)). who is in debtThat which is due from one person or another; obligation, liability.; the one owing money to another. DebtorA personAn individual, corporation, partnership, Limited Liability Company or other legal entity. (REF CGS §38a-1(14)). who owes a debtThat which is due from one person or another; obligation, liability.. DebtorSomeone who owes monies to another party.DebtorThe personAn individual, corporation, partnership, Limited Liability Company or other legal entity. (REF CGS §38a-1(14)). or entity that borrows money. The termThe time period by the end of which a debt must be fully repaid. Also refers to the maturity period debtor may be used interchangeably with the term borrowerPerson responsible for repaying a loan who has signed and agreed to the terms in the promissory note..
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