Difference between Creditor and Obligee

CREDITOR vs OBLIGEE: NOUN

One who gives credence to something; a believer.
A person to whom a debt is owed.
One who gives credit in business matters; hence, one to whom money is due; -- correlative to debtor.
One who credits, believes, or trusts.
A similar action or bill to set aside a fraudulent transfer of assets which may be sold on execution: commonly called a bill in the nature of a creditor's bill, or a bill in aid of an execution.
One to whom any return is due or payable; specifically, one who gives credit in business transactions; hence, one to whom a sum of money is due for any cause: correlative to debtor. Abbreviated Cr.
One who believes; a believer.
One to whom money or its equivalent is owed.
A person to whom money is owed by a debtor; someone to whom an obligation exists

The party owed an obligation by another party, the obligor.
The person to whom another is bound, or the person to whom a bond is given.
One to whom another is bound, or the person to whom a bond or writing obligatory is given; in general, one who is placed under any obligation.
One to whom another is under obligation by a contract or legal agreement.

Holder, Donor, Grantor, Payee, Lending, Credit, Beneficiary, Debenture, Claimant, Lessor, Obligee, Receivables, Debt, Lender, Debtor

Mortgagor, Settlor, Promisor, Trustor, Obligor, Profit, Receiving, Recipients, Client, Recipient, Beneficiary, Payee, Grantee, Creditor, Transferee

Payable, Donor, Grantor, Payee, Lending, Credit, Beneficiary, Debenture, Claimant, Lessor, Obligee, Receivables, Debt, Lender, Debtor

Pledgee, Mortgagor, Settlor, Promisor, Trustor, Obligor, Profit, Receiving, Client, Recipient, Beneficiary, Payee, Grantee, Creditor, Transferee

The name ofthe creditor, and, if contact information is included in the order, means of contacting the creditor?
You may receive a letter of demand from a creditor or attorneys acting for a creditor.
If the original creditor is different from the current creditor Cash Advance, we will furnish you that information as well.
This option indicates that the list of Creditor Identification, Mandate ID or Creditor Account maintained is a disallowed list.
Once a creditor has a judgment against an individual, the collection methods open up for that creditor.
The Court denied both motions; the creditor appealed; and creditor filed a motion for stay pending appeal.
Creditor Assistance Act does not apply to most situations where one judgment creditor gets funds into court through garnishment.
The creditor loses his priority after five years but is still listed as a creditor when filing this form.
Creditor, they are now considered a Judgment Creditor.
When a creditor is a secured creditor, the creditor has a consensual lien against the asset securing the debt.

How does a Surety Bond Benefit the Obligee?
Obligee has lien on devise charged with obligation.
The fee is imposed on the obligee and is collected by retaining from support collected on behalf of the obligee.
When the performance is intended for the benefit of the obligee exclusively, the obligation is strictly personal on the part of that obligee.
If the obligee does not grant consent within such term, the obligee is deemed to have refused to grant consent.
An obligation terminates if the obligee and the obligor have agreed on the termination of the obligation due to the obligee waiving the claim.
The WOS requires the signature of the obligee or the attorney for the obligee.
CMS as the Obligee but will require the supplier to obtain a second bond showing Medicaid as the Obligee.
If the obligee decides to terminate the bonded contract, the surety and the obligee generally have a number of options.
Obligee based on contract btw Obligee and Principal.