Legal English Dictionary
debtor and creditor law
noun
debtor and creditor law
debtor-creditor law
nounthe area of law concerning financial obligations and legal interactions where one party is unable to pay a monetary debt to another. It may include insolvency, bankruptcy, foreclosures and repossessions.I take a practical approach to debtor-creditor law, weighing the cost and risk of litigation and the value of a speedy resolution of disputes.
Synonyms and Other Spellings
- debtor and creditor
- debtor-creditor

