Rehabilitation of Debtors
/ˌrɛhəˌbɪlɪˈteɪʃən ʌv ˈdɛtərz/
Definitions
- (n.) A legal procedure allowing debtors to restructure or discharge debts under court supervision to regain financial stability.
The rehabilitation of debtors enables individuals to repay debts under modified terms.
Forms
- rehabilitation of debtors
- rehabilitation of debtor
- rehabilitations of debtors
Related terms
See also
Commentary
Typically arises in insolvency law; drafting should clarify procedural steps and debtor protections.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.