judgment debtor

noun

  • Business (Corporate) Law/Company Law
  • Banking and Finance
  • Bankruptcy Law

Definitions of judgment debtor

  • someone who has been ordered by a court to pay back money owed to a creditor (known as the judgment creditor</>)

    The judgment debtor can avoid the sale of his property by paying the judgment amount of $80,096.44 together with interest, costs and fees before the sale takes place.

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Phrase Bank for judgment debtor