Difference between Creditors and Debtors

CREDITORS vs DEBTORS: NOUN

Plural form of creditor.
A person to whom money is owed by a debtor; someone to whom an obligation exists

Payable, Donors, Claims, Beneficiaries, Payees, Moneylenders, Holders, Payables, Lessors, Claimants, Borrowers, Receivables, Debts, Lenders, Debtors

Bankruptcy, Funders, Credits, Secured, Payable, Donors, Beneficiaries, Moneylenders, Holders, Payables, Lessors, Receivables, Debts, Lenders, Debtors

Because Renown and TJ Allen were the only creditors to answer the complaint, the other potential creditors defaulted in the interpleader action.
Accordingly, most creditors are cynical of the bankruptcy process and will always do their best to establish their own priority over other creditors.
First, limiting theadvantage of larger creditors in offering different combinationsof points and fees would aid the competitiveness of small creditors.
Rights of secured creditors and the statutory priority afforded to certain creditors such as employees will remain unaffected.
Beyond this claim, secured creditors possessed only a right to be paid ahead of unsecured creditors.
Creditors may not use an involuntary petition tobtain a disproportionate advantage over other creditors.
Contact creditors who are demanding immediate payment and notify such creditors of the death.
Remember that banks will fuck you and cooperate with creditors because they are creditors.
Administrator has appointed a creditors committee, representing both asbestos claimants and general unsecured creditors.
Secured creditors may be entitled to greater payment than unsecured creditors.

The Debtors continue to operate their businesses and manage their properties as debtors.
Protection law, designed to protect debtors of debtors Turnover ratio refers to management.
Excludes debtors whose primary activity is the business of owning single asset real estate stay tuned for creative debtors.
When two or more debtors are jointly and severally liable, we will pursue collection against all debtors, as appropriate.
Debtors to perform and observe any agreements of Debtors contained herein which are performed by the Collateral Agent.
Among those are debtors with capital markets arrangements, which will exclude many debtors who have issued bonds.
Personal checks and credit cards will not be accepted from individual debtors or debtors in possession.
Debtors and Reorganized Debtors may assert as to the validity or amount of such claims.
Debtors, is an affiliate of a former AP client in matters unrelated to the Debtors.
Ellis International LLP as Attorneys for the Debtors and Debtors in Possession.