The debtor agrees to pay the debt over a three-year period.
Recent Examples on the Web
Examples are automatically compiled from online sources to
show current usage.Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
This is why creditors who discover that the debtor has an interest in an LLC with valuable assets will usually register the judgment in the state where the LLC is formed.—Jay Adkisson, Forbes.com, 14 June 2026 Chapter 11 bankruptcy allows debtors to reorganize their financial affairs, typically while remaining in control of the business.—Chiara Kim, PEOPLE, 11 June 2026 For example, creditors may attempt to freeze a joint account if one account holder is the debtor.—Angelica Leicht, CBS News, 10 June 2026 In Colorado, 33% of debtors now cite everyday expenses – groceries, utilities and childcare – as the primary reason for their debt.—Ali Besharat, The Conversation, 4 June 2026 See All Example Sentences for debtor