{"iri":"https://folio.openlegalstandard.org/R77rieb3DsQdxBQrzBKyb0k","label":"Debts","sub_class_of":["https://folio.openlegalstandard.org/RDMogej8AdNSlkztHiKlIGK"],"parent_class_of":["https://folio.openlegalstandard.org/RBd1clKZgj2xZh3Hi4reLVQ"],"is_defined_by":null,"see_also":[],"comment":"Stemmed from Bankruptcy Project","deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{},"hidden_label":null,"definition":"Debts are financial obligations that require an individual or entity to repay borrowed money or assets to a lender according to agreed-upon terms. These obligations can take various forms, including loans, bonds, or promissory notes, and may accrue interest over time.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}