Debt

Debt disputes involve money owed in connection with a contract for supply of goods or services, or both. Guarantees of the obligations of the debtor fall within this category. Money owed in relation to the loan of money and other financing transactions are dealt with under the heading of “Finance”. They are to be contrasted with claims for damages or compensation for loss.

Most often in question are the underlying liability for the debt, the calculation of the amount claimed and the date on which the debt falls due for payment.

See Debt.