Define: Absent Debtor

Absent Debtor
Absent Debtor
Quick Summary of Absent Debtor

A debtor who is absent refers to someone who owes money to another individual but is not physically present in the same place as the creditor. This could be due to living a considerable distance away or being challenging to locate. It is important to note that they are not deliberately attempting to evade payment, but rather they are not readily accessible.

Full Definition Of Absent Debtor

An absent debtor refers to an individual who has an obligation to another person, typically a financial obligation, but is not within the jurisdiction where legal documents can be easily served. This means that they are difficult to find or serve with legal papers. For instance, an absconding debtor is someone who runs away from creditors in order to evade debt repayment. On the other hand, a concealed debtor is someone who hides from creditors within the same community, usually with the intention of defrauding them or avoiding legal processes. These examples demonstrate the various forms an absent debtor can take. While an absconding debtor may leave the state or country to escape debt repayment, a concealed debtor may remain in the same area but actively avoid creditors. In both cases, they are considered absent debtors because they are challenging to locate or serve with legal documents.

Absent Debtor FAQ'S

Yes, you can file a lawsuit against an absent debtor to recover unpaid debts. However, locating the debtor and serving them with legal documents may pose challenges.

You can hire a skip tracer or a private investigator to help locate an absent debtor. They have access to various databases and resources that can aid in finding the debtor’s current address.

Yes, if you obtain a judgment against the absent debtor, you can seek a wage garnishment order. This allows you to collect a portion of the debtor’s wages directly from their employer.

If you are unable to locate the absent debtor, you may still proceed with a lawsuit by publishing a notice in a local newspaper. This is known as service by publication and is considered a last resort when traditional methods of service fail.

Yes, if you obtain a judgment against the absent debtor, you can seek to enforce it by seizing their assets. However, locating and identifying the debtor’s assets may require the assistance of a professional asset locator.

Yes, you can hire a collection agency to pursue an absent debtor on your behalf. They have specialized knowledge and resources to locate debtors and negotiate payment arrangements.

Yes, you can report an absent debtor to credit bureaus if they owe you a significant amount of money. This may negatively impact the debtor’s credit score and make it difficult for them to obtain credit in the future.

If an absent debtor fails to comply with a court order, such as appearing for a hearing or providing financial information, they can be held in contempt of court. This may result in fines or even imprisonment.

Yes, you can still pursue legal action against an absent debtor who has left the country. However, the process may be more complex and require international legal cooperation.

Yes, an absent debtor can declare bankruptcy to discharge their debts. However, certain types of debts, such as child support or student loans, may not be dischargeable in bankruptcy.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 17th April 2024.

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