8 : Creditor :

A person or company that you owe money to. A creditor can include friends or family that have lent money to you even if there is no formal loan agreement. Ideally, you should be able to evidence receiving the money (i.e. bank statements).

Click on the word or phrase to find a straightforward explanation rather than the exact legal definition.

Jargon Selection Associates Bankrupt Bankruptcy Bankruptcy Restriction Order (BRO) Charging Order Composition Cover Schedule (aka Bond) Creditor Creditors' Committee Extortionate Credit Transactions Income Payments Agreements (IPA) Income Payments Order (IPO) Individual Voluntary Agreement (IVA) Insolvency Insolvency Practitioner (IP) Interim Order Nominee Office Holder Official Receiver (OR) Preference Proxy Proxyholder Statutory Demand Supervisor Transaction at an Undervalue Trustee in Bankruptcy

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