Glossary entry

Spanish term or phrase:

único deudor personal

English translation:

individual debtor

Added to glossary by Robert Mavros
Oct 21, 2012 23:31
11 yrs ago
4 viewers *
Spanish term

único deudor personal

Non-PRO Spanish to English Law/Patents Law (general) Deed
Hi,

I'd appreciate your help with this term.

Context:
"La subrogación del adquirente se lleva a cabo, sin novación en el préstamo hipotecario concedido
por XXXXX sobre la finca hipotecada, asumiendo, como único deudor personal, con liberación del originario, Ios intereses y amortizaciones no satisfechos y cuantos derechos y obligaciones sean inherentes a la condición de deudor hipotecario."

Thanks :)
Votes to reclassify question as PRO/non-PRO:

PRO (1): patinba

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Discussion

patinba Oct 22, 2012:
Henry In this case, I agree with you, but then you should you not use the Vote Pro button?
Robert Mavros (asker) Oct 21, 2012:
I'd appreciate your help if possible, Thanks :)
Robert Mavros (asker) Oct 21, 2012:
It's Spanish to British English
Robert Mavros (asker) Oct 21, 2012:
Correct :)
Henry Hinds Oct 21, 2012:
PRO Legal terms are always "PRO", mi amigo. In addition, it is always necessary to indicate both origin and destination countries.

Proposed translations

1 hr
Selected

only individual debtor

... an "individual" as opposed to a legal entity, and "only" as opposed to a joint and several debtor??

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Note added at 2 hrs (2012-10-22 02:28:39 GMT)
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I might as well try to sell my suggestion :)

Typically, debtors can be separated into two distinct groups: company debtors and individual debtors. Once you have established whether your debtor is an individual debtor, for instance a sole trader, or a company debtor (e.g. limited companies, partnerships), the experienced debt recovery solicitors at Farleys will be able to take the appropriate steps to discover the extent of their assets.

Individual Debtors

If your debtor is an individual debtor or sole trader, their assets may include equity in a residential home or commercial property, or any other physical assets with a connection to the business.

http://www.farleys.com/solicitors-for-business/debt-recovery...

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Note added at 2 hrs (2012-10-22 02:31:32 GMT)
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I would also suggest you might drop the "only/sole" as "individual" might cover it?
Note from asker:
Thanks :) My option is a mix of both "sole individual debtor" hehehe
Thanks rich. I agree that it is individual as opposed to an entity, that's my thought too. And the more I think of it I also agree that dropping sole/only would be appropriate, as it leaves doubts about entities being debtors but are simply not mentioned. Well, that's my opinion.
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4 KudoZ points awarded for this answer. Comment: "thanks :)"
2 hrs

sole personal debtor

my thought
Note from asker:
Thanks :) My option is a mix of both "sole individual debtor" hehehe
Something went wrong...
13 hrs

sole personal mortgagor

In English we would more likely use mortgagor in this context

What is mortgagor? definition and meaning
Definition of mortgagor: The borrower in a mortgage agreement. Sometimes spelled mortgager.
www.investorwords.com/3146/mortgagor.html
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