3.1 Debtor vs CreditorDebtor breaches the contract(fails to pay money, the creditor may proceed with legal actions)1) Pre-judgment attachment 딱지붙이는 것, 손대지마2) Garnishment 원천징수 garnishment up to 25% of the employee's wage Multiple creditors1) Composition agreement- by bankruptcy code or state statutes- created bet creditors- consideration is necessary bet creditors, reduction of the debt amount..
