Equitable Action

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August 25, 2024 3 min read Definitions
Interpleader: Equitable Action in Debt Resolution
Law Finance Legal Process Debt Resolution Equitable Action Creditors Litigation
Interpleader is an equitable action in which a debtor, uncertain to whom among his creditors a certain debt is owed, and having no claim on the disputed property, petitions a court to require the creditors to litigate the claim among themselves.
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