The debtor agrees to pay the debt over a three-year period.
Recent Examples on the WebIn 2014, the civil rights organization accused Colorado Springs Municipal Court of running a debtor’s prison by jailing hundreds of people who couldn’t pay $50 fines.—Shelly Bradbury, The Denver Post, 21 July 2024 When the money ran out, she was briefly placed in debtor’s prison.—Elizabeth Djinis, Smithsonian Magazine, 5 July 2024 Roundup Debt, History of From debtors' prison to student loan debt, six stories from the archive.—JSTOR Daily, 24 June 2024 In Chapter 7 bankruptcy, debtors' nonexempt property is liquidated, with proceeds going to creditors.—Jessica Rodriguez, Journal Sentinel, 17 June 2024 See all Example Sentences for debtor
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'debtor.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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