Definition: Debtorship, also known as debtors' rights, is a legal principle that allows individuals to sue others for debts. It's similar to personal property law but focuses on creditors and their rights in relation to loans or other obligations owed by someone else. In the US, a debtor typically refers to an individual who owes money to another person (the creditor) due to a transaction like a loan or purchase of goods. In the UK, it is often used as a synonym for 'deb
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