Disputed Debt Law and Legal Definition

According to 11 CFR 116.1 (Title 11 - Federal Elections; Chapter I - Federal Election Commission; Subchapter A – General; Part 116 - Debts Owed By Candidates And Political Committees), disputed debt means “an actual or potential debt or obligation owed by a political committee, including an obligation arising from a written contract, promise or agreement to make an expenditure, where there is a bona fide disagreement between the creditor and the political committee as to the existence or amount of the obligation owed by the political committee.”