The ultimate goal of credit is to produce yields for both the bank and the debtor. |
Debt consolidation and a debt management plan won't do any good if the debtor simply doesn't have any spare cash. |
Sometimes the debtor has to bear severe loss, while the creditor goes on minting money. |
And chiefly, it says we actually are probably devotees of Mammon rather than the God of the poor and the debtor. |
Assignment results in the transfer from the assignor to the third-party assignee of the right to proceed directly against the debtor or obligor. |
It is noted that both the probation officer and the debtor are professionally part of the criminal justice system. |