I'm trying to get out of debt, which is money owed by a debtor to a creditor.
that can be a hard thing to do for some people
Yeah and debt is usually subject to contractual terms for repayment of principal. I worked out a repayment plan and am on track.
that is good you should make goals and stick to them
Loans, notes, bonds, and mortgages are different kinds of debt. I got in trouble with credit card debt.