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What is a Debtor Individual Home Owner

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Mortgage - The debtor/s must meet the requirements of the mortgage conditions imposed by the creditor in order to avoid the creditor enacting provisions of the mortgage to recover the debt.

Typically the debtors will be the individual home-owners, landlords or businesses who are purchasing their property by way of a loan.

A debtor is sometimes referred to as the mortgagor, borrower, or obligor

Source: Wikis

Hipotecas Prestamos November 9, 2006 08:51 PM | Acerca de Hipotecas | Comprar una Casa | Abogados | Refinanciar Hipotecas