Meaning of Creditor (What it is, Concept and Definition)

Exequente is an adjective of two genders, a word of legal context that means someone who brings an action or executes a court judgment.

A creditor can also be interpreted as the creditor of a particular lawsuit, that is, the party who is charging the money.

Etymologically, the word enforcer is originated from the Latin exseques or exsectus sum, which means “to fulfill” or “to execute”.

All information regarding the processes, rights and duties of the creditor are present in the Code of Civil Procedure – CPC.

For example, a very common question among taxpayers is the method by which the indications of assets for attachment of the debtor (executed).

Pursuant to article 655 of the CPC, the debtor has the right, voluntarily, to present the assets that can be pledged to settle his debt. If you do not comply with this phase, is in charge of the creditor choose the assets belonging to the debtor that go to the garnishment.

Creditor and executed

In a process, the executor and the executed are the parts of the process. The judgment creditor enters the process, being considered the plaintiff, while the

executed is the defendant, that is, the part being processed.

Let's take as an example a labor lawsuit, in which a worker believes that the company owes him money, and he initiates a lawsuit, with the objective of obtaining this money. In this case, the worker is the executor and the company is the executed.

See also the meaning of process.

Meaning of District (What it is, Concept and Definition)

District is a term that characterizes the division of a region where there are borders, that is, ...

read more

Meaning of Deferred with appeal (What it is, Concept and Definition)

Deferred with appeal is when a given situation is approved, however filed by an appeal that contr...

read more

Meaning of Infringing Embargoes (What they are, Concept and Definition)

Infringing embargoes is a resource that exists in criminal proceedings. It is used by the defenda...

read more
instagram viewer