a debtor is someone who owes you money
and a creditor is someone who gives you credit for a service or supply of items
A creditor is someone YOU OWE money to. A debtor is someone who OWES YOU money.
the debtor promises to pay the creditor the borrowed money with interest at fixed intervals over a specific period of time
A debtor owes someone else money. A creditor is owed money from someone else. So, a debtor owes a creditor. Or, a creditor is owed by a debtor.
Creditor is the opposite of a debtor
creditor
It's basically an agreement between the debtor and creditor on how the debtor is to pay the creditor that arises when debtor has filed bankruptcy.
A creditor is someone YOU OWE money to. A debtor is someone who OWES YOU money.
credit the debtor and debit the creditor
A debtor is someone who owes you money. A creditor is the person that lent the money.
The creditor will execute the judgment against the debtor's non exempt assets or property not the debtor's legal counsel. On the debtor.
Not unless it is in writing unfortunatly.
the debtor promises to pay the creditor the borrowed money with interest at fixed intervals over a specific period of time
A debtor owes someone else money. A creditor is owed money from someone else. So, a debtor owes a creditor. Or, a creditor is owed by a debtor.
sundry debtor is whom they baught goods on credit basis
Creditor is the opposite of a debtor
creditor
rights of surety against principal debtor and principal creditor