Creditors are people or organizations (companies, councils, tax man etc) to whom you owe money. Bills, people you owe money to
Politicians! :-)
You still owe money.
Yes, you can be sued if you owe money.
It depends on how overdue you are on your payments and how much money you owe.
debtors
Creditors are people or organizations (companies, councils, tax man etc) to whom you owe money. Bills, people you owe money to
Debtors.
Politicians! :-)
People that owe you money are accounts receivable.
Chasing people who owe you money.
When you owe money to another lender, you are a _____.
When you owe money to another lender, you are a _____.
A person who is owed money is called a creditor.
When people are in debt! You can owe people so much money that you actually have a negative amount of money.
You still owe money.
Yes, you can be sued if you owe money.