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third-party debtor

См. также в других словарях:

  • third party debt order — England, Wales An enforcement method by which sums owed to a judgment debtor (person against whom there is a money judgment) that are in the hands of a third party, such as a bank, are frozen and seized for the benefit of the judgment creditor.… …   Law dictionary

  • Third Party — An individual or entity that is involved in a transaction but is not one of the principals. The third party often has a lesser interest in the transaction than the principals. An example of a third party would be the escrow company in a real… …   Investment dictionary

  • Debtor — A debtor is an entity that owes a debt to someone else. The entity may be an individual, a firm, a government, a company or other legal person. The counterparty is called a creditor. When the counterparts of this debt arrangement is a bank, the… …   Wikipedia

  • common debtor — noun (Scots law) A debtor who is also owed money by a third party: the sum owed to him or her may be arrested (qv) and transferred directly to his or her creditor • • • Main Entry: ↑common …   Useful english dictionary

  • Real party in interest — In law, the real party in interest is the one who actually possesses the substantive right being asserted and has a legal right to enforce the claim (under applicable substantive law). Additionally, the real party in interest must sue in his own… …   Wikipedia

  • secured party — A creditor that has been granted a collateral interest in property. The collateral interest is usually given to the creditor by the debtor but may be given by a guarantor or another third party. American Banker Glossary …   Financial and business terms

  • South African contract law — is essentially a modernised version of the Roman Dutch law of contract, [1] which is itself rooted in Roman law. In the broadest definition, a contract is an agreement entered into by two or more parties with the serious intention of creating a… …   Wikipedia

  • property law — Introduction       principles, policies, and rules by which disputes over property are to be resolved and by which property transactions may be structured. What distinguishes property law from other kinds of law is that property law deals with… …   Universalium

  • Collection agency — A collection agency is a business that pursues payments of debts owed by individuals or businesses.[1] Most collection agencies operate as agents of creditors and collect debts for a fee or percentage of the total amount owed.[2] There are many… …   Wikipedia

  • LIEN — (Heb. שִׁעְבּוּד נְכָסִים, Shibud Nekhasim). The Concept Jewish law enables the creditor to exercise a lien over all the debtor s property, in addition to his remedies against the debtor personally. This lien automatically comes into existence on …   Encyclopedia of Judaism

  • Security interest — A security interest is a property interest created by agreement or by operation of law over assets to secure the performance of an obligation, usually the payment of a debt.[1] It gives the beneficiary of the security interest certain… …   Wikipedia

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