debtor party

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• debtor — debt·or n: a person who owes a debt see also bankrupt compare creditor, obligee, obligor ◇ The Bankruptcy Act of 1978 calls the person concerned in a bankruptcy case the “debtor” as opposed to the “bankrupt.” …   Law dictionary

• party in interest — a party who has standing to be heard by the court in a matter to be decided in the bankruptcy case. The debtor, the U.S. trustee or bankruptcy administrator, the case trustee and creditors are parties in interest for most matters (Glossary of… …   Glossary of Bankruptcy

• party in interest — see party 1b Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. party in interest …   Law dictionary

• debtor — a person or business who owes money (1) A party who owes money or other performance to another party. Under the UCC, debtor includes the seller of accounts or chattel paper. (2) For the purposes of UCC provisions dealing with collateral, debtor… …   Financial and business terms

• debtor and creditor — Respectively, a person who owes a debt and a person to whom the debt is owed. Usually the debtor has received something from the creditor, in return for which the debtor has promised to make repayment at a later time. If the debtor fails to repay …   Universalium

• Debtor — A debtor is an entity that owes a debt to someone else. The entity may be an individual, a firm, a government, a company or other legal person. The counterparty is called a creditor. When the counterparts of this debt arrangement is a bank, the… …   Wikipedia

• debtor — The party that owes assets to the creditor, e.g. as a result of receipt of goods or services, gifts, or charity payments. The debtor may also be the debit account owner …   Euroclear glossary

• debtor —    A person or business that owes an amount of money or service to another. In bankruptcy, the debtor is the party whose affairs are the subject of the proceedings …   Business law dictionary

• judgment debtor — n: one who is obligated to pay a debt or damages in accordance with a judgment entered by a court Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. judgment debtor …   Law dictionary

• Third Party — An individual or entity that is involved in a transaction but is not one of the principals. The third party often has a lesser interest in the transaction than the principals. An example of a third party would be the escrow company in a real… …   Investment dictionary

• Workingmen's Party — First labour oriented U.S. political party. It was formed in Philadelphia (1828) and New York (1829) by craftsmen, skilled journeymen, and reformers who demanded a 10 hour workday, free public education, abolition of debtor imprisonment, and an… …   Universalium