Define: Creditorum Appellatione Non Hi Tan Tum Accipiuntur Qui Pecuniam Credider Nnt Sedomnes Quibus Ex Qualibet Causa Debetur

This Latin phrase translates to “Not all those to whom money is owed are considered creditors, but only those to whom it is owed for any reason.”

This phrase is often used in legal contexts to define the criteria for someone to be recognised as a creditor, emphasising that the debt must be owed for a valid reason.

Being recognized as a creditor means that the person or entity is entitled to certain legal rights and remedies to recover the debt owed to them.

No, according to “Creditorum Appellatione Non Hi Tan Tum Accipiuntur Qui Pecuniam Credider Nnt Sedomnes Quibus Ex Qualibet Causa Debetur,” only debts owed for valid reasons can establish someone as a creditor.

Valid reasons for a debt can include loans, contracts, unpaid services, unpaid rent, unpaid invoices, or any other legally recognised obligation to pay.

Yes, a recognised creditor can pursue legal action, such as filing a lawsuit or seeking judgement, to recover the debt owed to them.

A debtor can dispute their status as a debtor if they believe the debt is not owed for a valid reason or if there are other legal grounds to challenge the creditor’s claim.

If a debtor successfully disputes their status as a debtor, the creditor’s claim may be invalidated, and the debtor may not be legally obligated to repay the debt.

To determine if someone is a creditor under this principle, they should consult with a legal professional who can assess the specific circumstances and applicable laws to establish their status as a creditor.