Legal Definition and Related Resources of Absconding Debtor
Meaning of Absconding Debtor
One who absconds from his creditors with intent to defeat or delay demands of his creditors. See Harrison v Hanvey, 143 S.E.2d593, 265 N.C. 243.
Absconding Debtor Alternative Definition
One who absconds from his creditors. The statutes of the various states, and the decisions upon them, have determined who shall be treated in those states, respectively, as absconding debtors, and liable to be proceeded against as such. A person who has been in a state only transiently, or has come into it without any intention of settling therein, cannot be treated as an absconding debtor (2 Gaines [N. Y.] 318; 15 Johns. [N. y.] 196; 4 Watts [Pa.] 422) ; nor can one who openly changes his residence (3 Yerg. [Tenn.] 414; 5 Conn. 117). For the rule in Vermont, see 2 Vt. 489; 6 Vt. 614. It is not necessary that the debtor should actually leave the state. 7 Md. 209.
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Absconding Debtor in Historical Law
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What does Absconding debtor mean in American Law?
The definition of Absconding debtor in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:
See abscond.
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This definition of Absconding Debtor Is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
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