Enforceable debt
A debt that a creditor is legally entitled to pursue and enforce, subject to any procedural requirements.
Related terms
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Enforceable
Capable of being legally upheld or pursued through an appropriate enforcement process.
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Legal proceedings
Formal action brought through a court or tribunal to resolve a dispute or enforce a legal right.
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Enforcement agent
An authorised person who enforces certain court judgments and debts, including by taking control of goods where the law permits.
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