👉 Bondsman is a legal concept in the field of contract law and bankruptcy. It refers to a person who has an interest in a particular transaction, such as a debt, but cannot take part in it due to personal or financial constraints. In this context, "bondsman" can be understood as someone who has a stake in a particular transaction, but is unable to participate due to their own economic or personal circumstances. This concept is often used in bankruptcy cases and contract disputes where one party
