What is a "Debtor"?

This term is used and seen on the report if the vehicle has a lien on it. The debtor is the borrower in a lender/borrower relationship. Typically, the debtor is also the owner of the vehicle.

The responsibility of the lien follows the asset, not the debtor – meaning that if a vehicle is sold while there is an active lien against it, the debt would be the responsibility of the current owner.