Save information about people who you borrow money. You never forget about it with this application.
NOW SYNC your debts and data between your devices with cloud!
Debtors is a debt tracker app for both things and money.
Debtors is a debt manager app for things and money. Keep record of all personal debts, bills and loans in this single app.
Default occurs when the debtor has not met its legal obligations according to the debt contract, e.g.- it has not made a scheduled payment, or has violated a covenant in the debt contract. Default may occur if the debtor is either unwilling or unable to pay its debt. This can occur with all debt obligations including bonds, mortgages, loans, and promissory notes.
If the debt owed becomes beyond the possibility of repayment, the debtor faces insolvency or bankruptcy; in the United Kingdom and some states of the United States until the mid-19th century, debtors could be imprisoned in debtor's prisons, while in some countries such as Greece the practice of imprisoning debtors is still practiced.
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