Undue Debt

Undue Debt

A debt that one is not yet required to pay. An example is a bond that has not yet matured.
References in periodicals archive ?
the debtor has knowingly acknowledged undue debts whether such acknowledgement is made in writing, given verbally, stated in the balance sheet or by abstention from submitting certain papers or explanations; or
undue debts of the company are knowingly acknowledged or documents that need to be submitted are withheld even though they are in possession;