consumer debts

consumer debts
consumer debts
Debts incurred for personal, as opposed to business, needs. (BankruptcyAction.com)

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

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  • consumer bankruptcy — A bankruptcy case filed to reduce or eliminate debts that are primarily consumer debts (SA Bankruptcy.com) A bankruptcy case filed to reduce or eliminate debts that are primarily consumer debts. (BankruptcyAction.com) United Glossary of… …   Glossary of Bankruptcy

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  • consumer credit — credit extended by a retail store, bank, finance company, or other lender, chiefly for the purchase of consumer goods. [1925 30] * * * Short and intermediate term loans used to finance the purchase of commodities or services for personal… …   Universalium

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