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A creditor is someone who has a debt owed to them. The one who owes the debt is the debtor.
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∙ 13y ago
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Debts owed by a business are called?
Debt held by businesses is called Business debt
What happens to a lien placed on a property and that person who is owed the money dies?
The debt is owed to their estate.The debt is owed to their estate.The debt is owed to their estate.The debt is owed to their estate.
What is consumer dept?
Consumer debt is the debt (money owed) by people as opposed to the debt of institutions, governments or businesses
The Debt owed by a business to an outside individual or organization is called its what?
liabilties
Does owner of quit deed pay mortgage if mortgagee dies?
Yes. If the mortgagee dies the debt is owed to their estate.Yes. If the mortgagee dies the debt is owed to their estate.Yes. If the mortgagee dies the debt is owed to their estate.Yes. If the mortgagee dies the debt is owed to their estate.
What type of debt does the US have and who is it owed to?
The majority of US debt is actually owed to US citizens.
What is the definition of debt?
A lump sum of money which is owed to someone/a group of people.
Can a family member buy the house that is in a reverse mortgage?
Only if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgageOnly if they pay off the outstanding debt owed on the mortgage
Who is world debt all owed to?
The debt depends on what country. Ultimately any national debt is owed to the central banking. Private banks.
Debts owed by a business are referred to as?
Debt held by businesses is called Business debt.Liabilities of the business.
Can your home be taken for debt owed?
If it is a debt against the house.
What word means somethng is owed?
The word is "debt."
