What Is A Debtor?

A debtor is a natural or legal person who owes money or another obligation to someone else. For example, a person who borrows money from a bank is a debtor.

The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.

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