The former provides that, if the debtor fails to perform his obligations, the mortgagee may keep the property for his own.

In some cases, debtors were illiterate and failed to understand what was going on.

No definite rules were established in regard to the period of imprisonment for debt if the debtor failed to satisfy the demand upon him.

- The debtor and/or creditor fails to sign any of the required parts of the agreement.

Being "in default" means that the debtor has failed to fulfill his or her obligations under the contract.

If the debtor fails to appear, sequestration is awarded.

The debtor also has failed to repair large cracks in the concrete of the building and there are problems with the building's exterior columns.

My debtors were failing, the paper money was depreciating.

If the debtor failed, he risked being pursued for the rest of his life for the full debt and penalties.

Debt continued to accumulate, though, as debtors failed even to cover their interest obligations.