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Simple English definitions for legal terms

absconding debtor

Read a random definition: writ of latitat

A quick definition of absconding debtor:

An absconding debtor is someone who owes money to another person or entity but has fled or disappeared to avoid paying their debt. This person may be trying to avoid being served legal papers or may be intentionally trying to defraud their creditors. In the past, absconding from a debt was considered an act of bankruptcy. Other types of debtors include those who are jointly liable for a debt, those who have property that has been arrested by multiple creditors, and those who have enough assets to cover their debts and can be sued by a creditor.

A more thorough explanation:

An absconding debtor is someone who owes money to another person or entity but has fled to avoid paying their debt. This type of debtor is also known as a fugitive debtor. Absconding debtors are often difficult to locate and serve with legal papers because they have intentionally disappeared.

For example, if someone borrows money from a bank and then leaves the country without repaying the loan, they would be considered an absconding debtor. Another example would be if a person runs up a large credit card debt and then moves to a different state without notifying the credit card company.

Absconding debtors can cause significant financial losses for creditors, who may have to spend time and money trying to locate them and recover the debt. In some cases, absconding debtors may be pursued by debt collection agencies or even law enforcement.

ABS | absence

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everyone trying to YM each other but no JM... damn :/
AHAHAHAAH
i'm lying in wait dw
if no gtown today i'm crashing out so bad yall don't even know
i will not be racist or say slurs tho unlike Some people
how bad on a scale of wild- evol bunny
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BulbasaurNoLikeCardio
13:20
Evol bunny said they are dropping out and done with LS, they are too good for it so likely will never see the melt downs again
Dkk
13:20
@SplitterusClitterus: 11:22:24 PST, so in about an hour.
Dkk
13:21
Adios EvolBunny then
yall saw the shit at gtown rn w the pregnant 2l
Dkk
13:22
@HopefullyInLawSchool: Lol
babycat
13:22
we have one local rep who didn’t get reelected bc she went on a podcast and said some crazy shit about jewish people
insane
13:22
@HopefullyInLawSchool: that is so unfair its insane that people have to go through that
theres a student that is literally having a baby and the admin denied her request for a test extension, and told her to come in the day after she gave birth to take the exam w her baby
come in the DAY AFTER SHE GIVES BIRTH
W HER BABY
13:23
saw that, crazy that she cant just hold the fucker in for a day longer
LMFAO
babycat
13:23
gulc going to hell I’m so serious
glovediedthisishismom
13:24
thats definetly horsey on an alt
glovediedthisishismom
13:24
no way any professor did that
13:25
thrifted a vintage burberry suit today and feeling unstoppable
Dkk
13:26
Nice
glovediedthisishismom
13:26
im in the field like a defensive lineman im always in saks 💯
1a2b3c4d26z
13:26
That's awesome
1a2b3c4d26z
13:26
real ones shop at bergdorf
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