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Enforceable

Capable of being legally upheld or pursued through an appropriate enforcement process.

  • Enforceability

    Whether a legal right, debt, guarantee or agreement can actually be enforced through the courts or another lawful process.

  • Enforceable debt

    A debt that a creditor is legally entitled to pursue and enforce, subject to any procedural requirements.

  • Unenforceable debt

    A debt that a creditor cannot currently enforce through legal proceedings, although the underlying obligation may not always disappear entirely.

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