"Debtors" Example Sentences
1. The company was struggling to collect payments from its debtors.
2. The debtors refused to make any further payments until their dispute was resolved.
3. Unpaid debts from past years had accumulated and many debtors were being pursued for payments.
4. The creditor was willing to negotiate a repayment plan with the debtors.
5. The debtors had been warned several times before legal action was taken against them.
6. The bankruptcy court would be responsible for determining the order in which the debtor's debts would be paid.
7. The new policy required debtors to submit regular payments toward their outstanding debts.
8. The debtors were struggling to make ends meet, making it difficult to repay their loans.
9. The debtor's account was frozen until the outstanding balance was paid in full.
10. Many debtors were struggling financially due to job losses and the pandemic.
11. The overdue payments had caused severe cash flow issues for the debtor.
12. The creditor had proposed a debt restructuring plan to help the debtor alleviate financial pressure.
13. The debtor had borrowed from multiple lenders and found it challenging to manage all their debts.
14. The bankruptcy trustee was tasked with selling the debtor's assets to repay creditors.
15. The debtor had defaulted on their loan, which had serious consequences for their credit score.
16. The debtors were required to attend a meeting to discuss their repayment plans with the creditor.
17. The debtor was concerned that legal action would be taken against them for non-payment.
18. The debtors had obtained a loan to pay off their current debts, but were struggling to repay the new loan.
19. A debt collector had been hired to pursue the debtor for the outstanding amount.
20. The court had issued a judgement against the debtor, requiring them to pay the outstanding amount in full.
21. The creditor had several options for pursuing debtors who refused to pay their debts.
22. The bankruptcy filing allowed the debtor to discharge certain debts, but not all.
23. The creditor had waived late fees for the debtor in an attempt to encourage repayment.
24. The debtor had submitted a proposal for a debt management plan, allowing them to repay their debts over time.
25. The debtors had repeatedly missed payment deadlines, leading to legal action being taken against them.
26. The creditor had agreed to settle the debt for a lower amount, but only if the debtor paid in full.
27. The debtor's inability to repay their debts had led to a deterioration in their credit rating.
28. The court had ordered the debtor to surrender assets to repay their debts.
29. The creditor had sold the debt to a third-party debt collector, who was now pursuing the debtor for payment.
30. The debtor had claimed bankruptcy, allowing them to eliminate certain debts and avoid legal action.
Common Phases
1. The
debtors have been given a deadline to pay their outstanding balances;
2. The company has a team dedicated to contacting and following up with
debtors;
3. The
debtors' credit scores have been negatively impacted by their overdue payments;
4. Legal action may be taken against
debtors who fail to pay their debts;
5. The company has implemented stricter credit policies to reduce the number of
debtors;
6. The
debtors' accounts have been placed on hold until they make payment arrangements;
7. The
debtors have been offered discounts if they pay their debts in full by a certain date.