{"schema":"https://ver.cy/schemas/card/1.0.0","id":"vr.tr.debt-possession","code":"thing-debt-possession","url":"https://ver.cy/models/thing/debt-possession/","name":"debt","alternateNames":["bank loan","business loan","commercial loan","interbank loan","arrears","national debt","public debt","debt limit","debt ceiling","national debt ceiling","bad debt","installment debt"],"kind":"thing","status":"published","version":"0.2.0-wave.1","language":"en","classifiers":{"family":"Thing Registry","category":"Society, people and institutions","entryKind":"noun.possession","plane":"SOC","domain":["SOC.ECO"],"industry":[],"navPath":"","tags":[],"facets":{"substance":"social","origin":"conceptual","agency":"inert","mobility":"not-applicable","scale":"not-applicable","affordances":["observable"]}},"whatItIs":"Money, goods or services owed by one person or organisation to another, such as loans, arrears or national debt, with terms for repayment and interest.","purpose":"Let an agent handle debts by creditor, debtor, amount, terms and status, give factual information only, and signpost free debt advice rather than giving personal financial advice.","scope":{"in":[],"out":[],"boundaries":[]},"distinguishingFeatures":["An obligation to pay","Secured or unsecured","Interest and fees change the total owed","Collection practices are regulated"],"structure":{"bundles":[{"id":"terms","name":"Terms","description":"What is owed and how.","layers":[{"id":"amount","name":"Amount","description":"Principal, interest, fees.","findings":[{"id":"amount-finding","name":"Amount","description":"Amount owed.","questions":[{"text":"How much is owed, including interest and fees?","kind":"measurement"},{"text":"What is the interest rate, fixed or variable?","kind":"measurement"}]}]},{"id":"schedule","name":"Schedule","description":"Repayment terms.","findings":[{"id":"schedule-finding","name":"Schedule","description":"Repayment schedule.","questions":[{"text":"What are the repayment terms?","kind":"definition"},{"text":"What happens on a missed payment?","kind":"boundary"}]}]}]},{"id":"parties","name":"Parties","description":"Creditor and debtor.","layers":[{"id":"creditor","name":"Creditor","description":"Lender or seller.","findings":[{"id":"creditor-finding","name":"Creditor","description":"The creditor.","questions":[{"text":"Who is the creditor, and are they licensed?","kind":"provenance"},{"text":"Has the debt been sold on?","kind":"provenance"}]}]},{"id":"security","name":"Security","description":"Collateral.","findings":[{"id":"security-finding","name":"Security","description":"Collateral.","questions":[{"text":"Is the debt secured on property?","kind":"boundary"},{"text":"What could be repossessed?","kind":"boundary"}]}]}]},{"id":"difficulty","name":"Difficulty","description":"When repayment is hard.","layers":[{"id":"advice","name":"Advice","description":"Free debt advice.","findings":[{"id":"advice-finding","name":"Advice","description":"Where to get help.","questions":[{"text":"Where can the person get free, regulated debt advice?","kind":"action"},{"text":"What protections apply during hardship?","kind":"boundary"}]}]},{"id":"collection","name":"Collection","description":"Collector conduct.","findings":[{"id":"collection-finding","name":"Collection","description":"Rules on collection.","questions":[{"text":"Is the collector acting within the rules?","kind":"boundary"},{"text":"How can a complaint be made?","kind":"action"}]}]}]},{"id":"limits","name":"Limits","description":"No personal advice.","layers":[{"id":"boundary","name":"Boundary","description":"Information only.","findings":[{"id":"boundary-finding","name":"Advice limit","description":"What the agent may say.","questions":[{"text":"Is the user asking for personal financial advice?","kind":"boundary"},{"text":"How should the agent respond?","kind":"action"}]}]},{"id":"scams","name":"Scams","description":"Fake lenders.","findings":[{"id":"scams-finding","name":"Scams","description":"Scam warnings.","questions":[{"text":"Does this lender or offer show scam signs?","kind":"boundary"},{"text":"Where can it be checked?","kind":"action"}]}]}]}]},"agentConduct":{"may":["Report debts and repayment terms to the debtor who asked.","Explain debt options in general terms and point to free advice services."],"mustNot":["Harass or threaten debtors, or contact third parties about a person's debt.","Collect debts it has no authority to collect, or debts already paid or time-barred.","Misstate amounts, interest or legal consequences.","Take on debt on a person's behalf."],"requiresHuman":["Agreeing repayment plans or settlements."]},"ethics":{"considerations":["Debt causes stress, ill health and exclusion; collection practices must respect dignity.","Predatory lending targets the poorest."],"affectedParties":["Debtors and their families","Creditors"]},"owners":{"steward":"The creditor holds the claim; the debtor owes it.","roles":[],"masterSystems":["Credit reference records"]},"relations":[{"target":"oewn-13417227-n","type":"parent","note":"registry parent class"},{"target":"obligation","type":"related","note":"liability"},{"target":"payment","type":"related","note":"repayment"},{"target":"document of title or agreement","type":"related","note":"evidence"},{"target":"assets","type":"related","note":"for the creditor"}],"interaction":{"identity":{"applicability":"required","items":["Vercy registry: vr.tr.debt-possession","Open English WordNet: oewn-13418347-n"]},"properties":{"applicability":"not-applicable","items":[]},"recognition":{"applicability":"optional","items":["Loan agreements with principal, rate and term","Statements showing arrears","National debt figures in official statistics","Loan agreements, statements, invoices in arrears and balance sheet entries."]},"capabilities":{"applicability":"required","items":["borrow and repay","restructure or consolidate it","collect it, within the law","seek free debt advice"]},"hazards":{"applicability":"required","items":["Unaffordable debt and hardship","Illegal lending and debt collection scams","Hidden fees","Personal financial advice from an agent"]},"interfaces":{"applicability":"required","items":["Consumer credit law such as EU Directive 2023/2225","Debt collection regulation","Insolvency law","Public debt statistics standards"]},"context":{"applicability":"required","items":["Financing spending and investment over time; debt is also a source of hardship.","consumer loans and credit cards","mortgages","business and commercial loans","interbank loans","public and national debt","arrears on bills"]}},"sources":[{"title":"Open English WordNet 2024, synset oewn-13418347-n","url":"https://en-word.net/id/oewn-13418347-n","note":"sense and gloss of the concept"},{"title":"Wiktionary: debt","url":"https://en.wiktionary.org/wiki/debt","note":"word senses and usage"}],"openQuestions":["Should debt types be separate entries?","How should agents signpost free debt advice by country?","How should national and personal debt be separated?"],"resources":{"spec":"/models/things/publications/thing-debt-possession/spec.json"},"provenance":{"origin":"thing registry research (pass 2)","builtFrom":["models/things/publications/thing-debt-possession/spec.json"],"providers":["Claude"],"researchStatus":"unreviewed","generatedAt":"2026-09-11T05:48:13Z","builder":"tools/build_cards.py@1.0.0"},"completeness":{"sections":{"classifiers":"filled","whatItIs":"filled","purpose":"filled","distinguishingFeatures":"filled","structure":"filled","agentConduct":"filled","ethics":"filled","owners":"filled","relations":"filled","interaction.identity":"filled","interaction.properties":"not-applicable","interaction.recognition":"filled","interaction.capabilities":"filled","interaction.hazards":"filled","interaction.interfaces":"filled","interaction.context":"filled","sources":"filled"},"notes":{"_gate":"Published through the thing publication gate 1.0 on 2026-10-07T12:16:27+00:00: completeness 1.00; sense: WordNet gloss; 2 live sources; review by codex: pass","interaction.properties":"Plane SOC: no invented physical properties."},"score":1.0}}