A debtor is a person or enterprise that owes money to another party. (The party to whom the money is owed is often a supplier or bank which is referred to as the creditor.) A creditor is a person, bank, or other enterprise that has lent money or extended credit to another party. (The party to whom the credit has been granted is often a customer that will now be referred to as a debtor.) If Company X borrowed money from its bank, Company X is the debtor and the bank is the creditor. If Supplier A sold merchandise to Retailer B, then Supplier A is the creditor and Retailer B is the debtor.
Whether you are involved in a lawsuit as the debtor or the creditor, we can provide you with aggressive legal representation. Our office has fiercely represented clients all over Western New York, including Buffalo, Lackawanna, and Amherst, and we have proactively and aggressively handled all their debtor/creditor issues. Call us at 568-8988 or Contact us for assistance .