Eric crowded the
debtor for payment.
埃里克催逼负债人还债。
Tom ask for the file on 1978
debtor.
汤姆要有关1978年债务人的案卷。
The
debtor agreed to a payment plan to settle his debts gradually.
债务人同意了一个逐步清偿债务的还款计划。
The creditor threatened legal action against the
debtor if the amount owed was not paid promptly.
债权人威胁说，如果欠款不迅速偿还，将对债务人采取法律行动。
The
debtor filed for bankruptcy when he could no longer manage his mounting debts.
当债务人再也无法管理其日益增加的债务时，他申请了破产。
It's important for the
debtor to communicate openly with creditors about any financial difficulties.
债务人与债权人就任何财务困难开诚布公地沟通十分重要。
The court issued a garnishment order, allowing the creditor to collect the debt directly from the
debtor's wages.
法院发出扣押令，允许债权人直接从债务人的工资中收取债务。
After several reminders, the
debtor finally made a partial repayment towards settling the outstanding balance.
在几次提醒后，债务人终于做出了部分还款以解决未结余额。
The
debtor negotiated with the creditor to have the interest rate on the loan reduced.
债务人与债权人协商，希望降低贷款的利率。
The collection agency was hired to recover the debt from the unresponsive
debtor.
收款公司被雇佣来向无回应的债务人追讨债务。
In an attempt to avoid legal proceedings, the
debtor proposed a settlement offer to the creditor.
为避免法律诉讼，债务人向债权人提出了一项和解提议。
Due to unforeseen circumstances, the
debtor requested a temporary moratorium on debt repayments.
由于不可预见的情况，债务人请求暂时停止偿还债务。
Han Xiao, a lawyer with Beijing Kangda Law Firm, told International Financial News that if a creditor tries to pursue the bankruptcy of its debtor, they need to go through legal procedures, including providing proof relating to the claim and insolvency of the company.
"Asia is now the largest debtor in the world, and several countries are at high risk of debt distress," said Srinivasan, pointing out that Asia's share of global debt has increased from 25 percent before the COVID-19 pandemic to 38 percent now.
China calls on all parties to follow the existing G20 consensus, respect the independent decisions of debtor countries and promote steady progress of relevant work in a practical manner, said Liu.
For example, if more than 10 percent of the amount of money that a debtor owes to a bank is classified into nonperforming assets, all of the money that the debtor owes to the bank should be classified into NPAs.
The ministry pledged to endorse the G20 Action Plan, in response to the requirements of poor debtor countries, and start bilateral talks on the temporary debt repayment suspension.
The suspension of debt repayments should respect and balance the willingness and interests of both creditor and debtor countries, as well as other stakeholders, the statement said.
After the establishment of a personal bankruptcy system, the debtor will be given a chance at a new beginning, which is conductive to the optimal allocation and efficient use of resources.
To get the debt liability exemption, the debtor has to repay part of the debt as a condition and the debtor's economic life will be restricted for about three to five years after the end of bankruptcy proceedings, Xu told a reporter from Beijing Business Today.
Risks could rise unexpectedly, Liu recalled that on one occasion, her bank had lent 20 million yuan to a local businessman who got addicted to gambling and subsequently defaulted, forcing the bank to turn to the guarantor to persuade the debtor to try to revive his failed business and pay up.
To tackle NPLs and get credit risk under control, banks resorted to restructuring of troubled debtor industries, write-offs and transfers.
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