A debtor is an accounting term referring to an individual or entity that must settle outstanding receivables. Learn more about their role in financial management!
Legal Lexicon
A debtor is an accounting term referring to an individual or entity that must settle outstanding receivables. Learn more about their role in financial management!
Blank assignment explains the transfer of claims without specifying the debtor in detail. Learn more about opportunities and risks – read now!
Movable Assets, Enforcement Against Movable Assets
Movable assets include all items that are not real estate. In cases of payment difficulties, enforcement proceedings grant access to such assets. Learn more in the article!
The enforcing creditor initiates the enforcement proceedings in order to collect outstanding claims. Discover more in the detailed article!
The procurement obligation requires the procurement of an item or service. Learn more about this important contract type – discover the encyclopedia article now!
Debt recovery refers to the collection of claims, usually through enforcement measures. Learn more about procedures and rights in the detailed article!
A settlement receipt confirms the settlement of a claim. Learn more about its significance and use in everyday legal practice!
The preliminary action is a legal instrument used to have claims reviewed by a court in advance. Curious? Learn more in the lexicon!
The enforcement authority determines who is legally permitted to carry out compulsory measures. Discover in the article how power and law interact!
An enforcement order instructs authorities to enforce claims. Want to learn more? Dive deep into the topic!
Proclamation describes the formal reading or announcement of a text. Discover how tradition and law are connected here!
The promise of immunity is a criminal law agreement offering rewards for useful information. Learn more in the detailed article!
The pleading of summons protects against double liability in suretyships. Learn more about its significance and application in legal practice!
The attachment proceedings secure claims through provisional seizure. Learn how it protects assets – discover the article now!
Revolving describes flexible lines of credit with a replenishable credit limit. Learn more about how it works & advantages – now in the glossary!
A reorganization plan restructures companies to increase efficiency and overcome crises. Discover more in the detailed article!
An obligor is a debtor who fulfills a contractual obligation. Discover in the article how obligors act and are liable from a legal perspective!
Notes are digital or handwritten notes for personal organization and ideas. Discover how notes can make your everyday life easier!
Action for Preferential Satisfaction
The action for preferential satisfaction governs how creditors are paid with priority in insolvency proceedings. Learn more in the detailed lexicon article!
Indenture describes a historical contract, often used for binding labor or debts. Curious? Discover the background and meaning in the article!
