The debtor agrees to pay the debt over a three-year period.
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Authentic Greek Cuisine filed for a Chapter 7 bankruptcy, which means the company’s assets will be sold to pay debtors, according to the United States Courts.—Saleen Martin, USA Today, 24 Sep. 2025 With notions of a settlement once floated, and debtor loan plans of around $10 million in the mix to make sure lawyers are paid, the lawsuits seemed to have turned into a very un-Christian grudge match.—Dominic Patten, Deadline, 23 Sep. 2025 Basically, an ipso facto clause is any provision that attempts to eliminate or modify a debtor's property rights upon the filing of bankruptcy.—Jay Adkisson, Forbes.com, 17 Sep. 2025 For a big debtor like the United States—the gross U.S. debt is now nearly $37 trillion, roughly as large as that of all the other major advanced economies combined—these higher rates can really hurt.—Kenneth S. Rogoff, Foreign Affairs, 19 Aug. 2025 See All Example Sentences for debtor
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