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LSDefine

Simple English definitions for legal terms

concealed debtor

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A quick definition of concealed debtor:

A concealed debtor is someone who owes money to another person or entity but tries to hide from their creditors. They may do this to avoid paying their debts or to avoid being served with legal papers. However, they do not leave their community or move out of state. This is different from an absconding debtor who flees from their creditors to avoid paying their debts. A joint debtor is one of two or more people who are responsible for paying the same debt. A judgment debtor is someone who has been ordered by a court to pay a debt. A solvent debtor is someone who owns enough property to pay off all their debts.

A more thorough explanation:

A concealed debtor is someone who owes money to another person or entity, but hides from their creditors with the intention of defrauding them or avoiding legal action. This type of debtor does not leave the community or move out of state, but instead tries to remain hidden within the area.

Examples of concealed debtors include:

  • Someone who changes their name or identity to avoid being found by creditors
  • A person who hides their assets or income to avoid paying their debts
  • An individual who moves frequently to avoid being served with legal papers

These examples illustrate how a concealed debtor tries to evade their financial obligations by remaining hidden from their creditors. This behavior is illegal and can result in legal consequences for the debtor.

conatus | concealment rule

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shaquilleoatmeal
23:16
Send me a link - I get a couple mixed results when I search
shaquilleoatmeal
23:17
Nvm I found it
shaquilleoatmeal
23:20
Sounds like someone’s playing the qanun?
JumpySubsequentDolphin
23:23
perhaps
JumpySubsequentDolphin
23:23
the lyrics are chefs kiss
shaquilleoatmeal
23:29
Tell me what it translates to tomorrow, I gotta sleep, Laylah sa'eedah 😴
JumpySubsequentDolphin
23:31
tusbihun ‘ala khair
HELLO ALL
whos awake \
JumpySubsequentDolphin
23:42
hi SPLITTY!!!
HIII DOLPHYY
stanford finally sent me a status checker tomight
do yall know if "Your file has been submitted for review" just means under review
Dkk
0:08
@SplitterusClitterus: really depends on the school. Could mean they have just received it. Could be it is under review. Could mean they already have a decision for you. For Stanford, idk.
Mmm ok thank you
JumpySubsequentDolphin
1:19
my friend JUST sent me that omg
JumpySubsequentDolphin
1:19
also @renard that shows your IG handle
JumpySubsequentDolphin
1:20
I assume you don’t want to doxx yourself 😧
JumpySubsequentDolphin
1:20
if we send enough messages it will stop showing the message tho!!!!!!!!
JumpySubsequentDolphin
1:21
@renard99: come back and spam messages I only have so many left 😔
JumpySubsequentDolphin
1:23
. . .
Dkk
1:49
@renard99: you shared a post a good friend of mine had liked. Lmfao but respect +1
Dkk
1:49
I laughed at it too +1
1:50
Damn lol
1:50
Follow me brah
JumpySubsequentDolphin
2:01
I followed you
JumpySubsequentDolphin
2:01
don’t dox me ☹️
2:06
Nw I won’t dox you 😎
JumpySubsequentDolphin
2:07
don’t judge my feed either I’m bad at Instagram :/
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