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Debtor - Law Dictionary Search Results

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Debtee

One to whom a debt is due creditor correlative to debtor

Empower

try and decide cases civil or criminal the attorney is empowered to sign an acquittance and discharge the debtor

release

release re·leased re·leas·ing 1 a : to relieve or free from obligation, liability, or responsibility [the debtor is released from all dischargeable debts] b : to give up (a claim, title, or right) to the

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simulate

or carry out in a manner that does not express one's true intent [a simulated sale of the debtor's property in which no consideration was paid]

refer

refer re·ferred re·fer·ring : to send or direct for treatment, aid, service, information, or decision [referred the debtor to an attorney with expertise in bankruptcy] ;specif : commit

obligor

who is bound by an obligation to another [an obligation extinguished by performance of the ] compare creditor, debtor, obligee, promisor, surety

reasonably equivalent value

reasonably equivalent value : value that is a fair amount for property transferred by a debtor esp. in bankruptcy and that is not therefore evidence of a fraudulent conveyance see also fair consideration at

levari facias

writ of execution for the satisfaction of a judgment debt from the goods and lands of the judgment debtor used chiefly in Delaware compare fieri facias

marshal

obligations ;also : to fix the order of (as liens or remedies) with respect to priority against a debtor's assets see also marshaling

meeting of creditors

meeting of creditors :a hearing held pursuant to section 341 of the Bankruptcy Code at which a bankrupt debtor is required to submit to examination under oath by creditors who may also elect a trustee if one

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