Obligor - Law Dictionary Search Results
liability
individual separate from others solidary liability in the civil law of Louisiana : liability that is shared by obligors and that makes any one obligor liable for the entire obligation to the obligee but also apportions the
debtor
debtor : a person who owes a debt see also bankrupt compare creditor, obligee, obligor NOTE: The Bankruptcy Act of 1978 calls the person concerned in a bankruptcy case the “debtor” as opposed
damage
therefore void. mor·a·to·ry damages in the civil law of Louisiana : damages recoverable for loss resulting from an obligor's delay in performing NOTE: Compensatory damages are recoverable in a case of failure to perform. nominal damages :
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creditor
whom a debt is owed ;esp : a person to whom money or goods are due compare debtor, obligor general creditor : a creditor who is not secured by a lien or other security interest called also
Unbounded sugarcane
Dictionary the legal and technical meaning of the expression 'bond' is given as 'a deed by which the obligor binds himself, his heirs, executors, or assigns to pay a certain sum to the oblige.' In stroud's judicial
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