debtor

As the fledgling company sank further into financial ruin, its debtor status was very obvious by the fact that so many bills were behind it could barely keep on the lights.

If someone is a debtor to you it is important that you keep on them to pay you back but also don't step on their toes.

If you are a debtor it is best to pay off what you owe quickly so you don't have an adverse reaction to your credit score.