That is a debtor?
A company, business, or a person may be considered a debtor. This short article covers just consumer that is individual.
What exactly is a debtor?
A debtor is a person who owes cash. You will be a debtor as you bought goods or services and haven’t paid for them yet because you borrowed money to pay for goods or services or. You may be a debtor because you were said by a court owe cash to somebody. This really is called a judgment against you.