"debtors" can never repo cars, LENDERS can, even after you make 'arrangements". As long as you are in "default", they can repo.
A debtor is any person, or entity, with outstanding loans owed to a creditor.
Debtors are people who owe money to creditors. Creditors are people who are owed money by debtors. For example, the bank is a creditor allowing people to take out loans and the people taking out the loans are the debtors.
None. You only money to loan to debtors.
goods in transit a debtor(customer) could also be a supplier(creditor)
within 90 days
A possessory lien is the right of the creditor to retain possession of his debtors property until his debt has been satisfied.
A debtor is any person, or entity, with loans owed to a creditor. It is not a crime to fail to pay a debt. Except in certain bankruptcy situations.
An entity (country, corporation, individual creditor) can lend at rate n1 to certain debtors and at rate n2 to certain other debtors.
The interest of a co-owner can be attached by a creditor. That creditor can then petition the court to partition the land if the debt isn't paid and the debtors interest could be sold.
If we provide some services to the vendors they are paying for our services therefore the person who are paying us becomes our sundry debtors.
You cannot go to prison for being in debt in Australia, however you can go to prison for fraud. Fraud must be proven in a court of law by a creditor who writes the suit, which is no easy thing to do. Short answer = No. Australia does not send debtors to jail.