creditor


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Creditor

Creditor

A person or company to whom one owes money. A creditor may be a bank or another company. In the case of bonds and personal debt, the creditor is often an individual. A creditor may be secured, meaning that the debt has a collateral, or unsecured, meaning that the debt has no specific collateral.

creditor

One to whom funds are owed. Holders of bonds and debentures are creditors to whom funds are owed by the issuers. Compare debtor. See also secured creditor, unsecured creditor.

Creditor.

A person or company who provides credit to another person or company functions as a creditor.

For example, if you take a mortgage or car loan at your bank, then the bank is your creditor. But if you buy a bond, you are the creditor because the money you pay to buy the bond is actually a loan to the issuer.

creditor

a person or business that is owed money by an individual or firm for goods, services or raw materials that they have supplied but for which they have not yet been paid (trade creditors) or because they have made LOANS. Creditors are also termed ‘accounts payable’. See DEBTORS, CREDIT.

creditor

One who is owed a debt.

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Information that a creditor acquires through appraisal efforts
Creditors' losses were calculated on the basis of an assessment of which dividend the creditor in question would have obtained if the director's dispositions had not been made, provided that the bankruptcy proceedings would have occurred at the earlier time when the company's situation was certainly deemed to be hopeless.
In these types cases, a very important wrinkle is added that creditors need to be on the lookout for, Generally, is not necessary to file a claim if the creditor agrees with the amount the debtor has listed as due in its Schedules and the debtor has not listed the debt as disputed, contingent or unliquidated.
On the Notice of Bankruptcy Filing, a creditor will be able to see the case number, what chapter the debtor has filed, and the contact information for the debtor's attorney, the trustee, and the clerks' office.
But what if the debtor is not in default as of the bankruptcy filing, and yet the trade creditor still has grave concerns as to its now-bankrupt customer's ability to make its payments moving forward?
Each Scheme Scheme Creditor Creditor will be be required to register its attendance attendance at the Amending SchemeMeetings.
"Unfortunately, bad debt can have a domino effect, making the creditor vulnerable if he is unable to recover his funds and pushing that business down the road towards insolvency.
An insurance loan is a contract that earns the creditor dedicated real estate to settle his pledge in kind, and as a result he has the right to approach ordinary creditors and those below him in ranking to settle his right through the value of the estate regardless of who it is held with.
The doctrinal difficulty and the potential for creditor paralysis arise from unclear and inconsistent judicial doctrine.
Unlike the analysis that any well-advised commercial creditor (or debtor, for that matter) would undertake, the HIPC debt-sustainability formula is an incomplete and static measure that does not accurately measure the ability of a debtor to service its restructured debt.
Nakheel today met with senior members from UAE-based Contactors' Association, including company Chairman, Dr Ahmed Saif Belhasa, as part of its efforts to ensure settlement of claims to its trade creditors as part of its recapitalisation plan.
This article shall disclose important questions related to the assignment of the claim: debtor consent, form of contract, obligations and liability of the previous creditor, new creditor and debtor.