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THATS SO FUNNY
Simple English definitions for legal terms
Read a random definition: reverse-confusion doctrine
Definition: Individual debt refers to the amount of money that a person owes to another person or entity. It can be a specific sum of money due by agreement or otherwise, or the aggregate of all existing claims against a person.
Examples:
These examples illustrate how individual debt can arise from various sources, such as credit card debt, loans, or personal debts owed to friends or family members.