Dont get confused
Is the name is Debt Settler o Debt Settlor?
(n) Settler is the person who transfer the rights and possession of the property owned by him with an agreement in writing where in the beneficiaries are named.
Ex. A person executing a will to distribute his property after his death is a settler. A trustor transferring his property to a trust is also known as settler.
In law a `settlor` is a person who settles property on express trust for the benefit of beneficiaries. In some legal systems, a settlor is also referred to as a `trustor`, or occasionally, a `grantor` or `donor`. Where the trust is a testamentary trust.
be careful when you use these two words that have different meaning