Document Fragment View

Matching Fragments

(7) In this light it is required to be seen whether the present suit relates to recovery of "Debt" arising out of a "written contract" or not?

(8) BLACK'S Law Dictionary (6th Ed.) defines "Debt" as under :

"A sum of money due by certain and express agreement. A specified sum of money owning to the person from another, including not only obligations of debtor to pay but right of creditor to receive and enforce payment". State v. Ducey, 25 Ohio App. 2d 50, 266 N.E. 2d. 233, 235. Liability on a claim. Bankruptcy Code $ 101.