X-Nico

2 unusual facts about Debtor


Debtor

In the Latin version of the Lord's Prayer, the words Et dimitte nobis debita nostra/Sicut et nos dimittimus debitoribus nostris, the words Debtor and Debt are sometimes translated as Sinner and Sin.

Debtor-in-possession financing

Debtor-in-possession financing or DIP financing is a special form of financing provided for companies in financial distress or under Chapter 11 bankruptcy process.


Accord and satisfaction

Hirachand Punumchand v Temple - where the offeree was a 3rd party (the debtor's father)

Cessio bonorum

Cessio bonorum (Latin for a surrender of goods), in Roman law, is a voluntary surrender of goods by a debtor to his creditors.

Discount

Discounting, a financial mechanism in which a debtor obtains the right to delay payments to a creditor

Edward Murdstone

After being released from a debtor's prison, Mr Micawber is forced to move to Plymouth and David flees the factory to find his aunt Betsey Trotwood at Dover.

Indelible Grace

They have released eight CDs to date, including the first one simply titled Indelible Grace, taken from a line in the Augustus Toplady hymn "A Debtor to Mercy Alone."

KFCD

A year later, KFCD was transferred to the bankruptcty court appointed "debtor-in-possession" along with sister station KHSE.

KHSE

KHSE went bankrupt on August 2005 and was auctioned off two months later (along with sister station KFCD) to a "debtor-in-possession".

Mary Anne Talbot

Talbot continued to use sailor's clothes, worked in menial jobs and even tried her luck on stage at Drury Lane but eventually was arrested and taken to debtor's prison at Newgate.

Pari passu

In the European Union, as the result of the Greek government-debt crisis, a retroactive Collective action clause passed by the Greek government with the support of the ECB and IMF, enabled the debtor (who also controlled the courts) to impose a 70% loss of the creditors, more than 75% of whom had voted in favour of the cut.

The Bleak Old Shop of Stuff

Pauline McLynn as Maggoty, a 'treacle fiend' who the Secret-Pasts meet in The Skint debtor's prison and has a habit of affectionately calling people birds' names, e.g. "my little songthrush"

Ultra trust

An Ultra Trust is a legal entity with special provisions, benefits, and limitations created and drafted by an attorney who has expertise with debtor—creditor law, income tax law, gift tax law, and estate tax law, as well as trust law.


see also