bad debtor

He says the money will help cover the council's collection costs and losses caused by bad debtors.

"They are one of our worst debtors," Mr. Bratukhin said.

The stronger survive; bad debtors get repossessed.

The Indonesian Bank Restructuring Authority recently named the 100 worst debtors in local newspapers.

To ease the outrage, Parliament has summoned the bad debtors, some believed to have links to the Yakuza, to face a grilling later this week.

The origins of UAPT-Infolink plc can be traced back to a group of traders meeting in coffee houses to exchange their personal experience of bad debtors.

An excerpt from the Price Waterhouse report identified the principal bad debtor as the "Gulf Group," but Mr. Morse did not give further details on its identity.

A credit circle is created when members of a common group - typically a trade association or federation - come together to share information on credit related matters, such as late payers or bad debtors.

On the on hand, a bad debtor might conspire with an employee to remove or conceal evidence of his record, on the other an employee with a grudge might blacken someone's record.

The argument runs that under Labour the country fell victim to profligate year-on-year real terms spending increases, particularly on public services, that left the country as one of the worst debtor nations in the western world.

(16) To the clergy a bad debtor was almost as much of a problem as an evil creditor, and those to whom money was owed did not hesitate, therefore, to plead their cases before ecclesiastical tribunals.

"Behind every bad debt stands a bad debtor that has built up car factories and office buildings and shopping malls and has used up real resources in the economy for things that are now essentially worthless."

Tell me if I am wrong, but it seemed to me like the banks didn't give a hoot about bad debtors because there was plenty of money to be made by selling those bad debts to debt recovery firms.

One poor retiring minute in an age Would purchase thee a thousand thousand friends, Lending him wit that to bad debtors lends: O, this dread night, wouldst thou one hour come back, I could prevent this storm and shun thy wrack!

The Gokal brothers, through a collection of shipping companies known as the Gulf Group, were the bank's largest customer - as well as principal bad debtor, according to auditors who have reviewed B.C.C.I.'s records for the Bank of England, Britain's central bank and top banking regulator.

"If you're talking about really writing off bad debt, then you're talking about foreclosing on the bad debtors, about bankrupting a lot of companies," said Richard Katz, author of "Japan: The System that Soured" and senior editor of The Oriental Economist, a newsletter.