The debtor agrees to pay the debt over a three-year period.
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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 If a judgment is granted, creditors may seek remedies such as bank account levies or wage garnishment if the debtor is still working, though their ability to do that is still heavily dependent on state and federal laws.—Angelica Leicht, CBS News, 3 June 2026 With a single-member LLC, the unities are inherently present since the debtor both owns and controls the LLC.—Jay Adkisson, Forbes.com, 26 May 2026 The voluntary prepackaged Chapter 11 case was filed in the United States Bankruptcy Court for the Southern District of Texas, with the company’s lenders agreeing to provide $75 million in debtor-in-process financing.—Arthur Zaczkiewicz, Footwear News, 20 May 2026 See All Example Sentences for debtor