Over-indebtedness: how to challenge the commission’s opinion?

Commercial and company law

Estimated reading time (in minutes) If the decision made by the over-indebtedness commission does not satisfy you, it is possible to contest it.   What can be disputed? Each stage of the over-indebtedness procedure may be the subject of a dispute: it may be the...

Update on the importance and rules of credit

banking law

Estimated reading time (in minutes) The importance of credit in today’s economy Credit plays a vital role in business  and individuals, serving as a catalyst for economic growth  and financial stability. It allows companies to invest in expansion, innovation and...

The binding nature of the credit agreement

banking law

Estimated reading time (in minutes) Limitations on Breaking Credit Agreements Contractual integrity! A credit agreement , like any other  contract  , is a legally binding document that outlines the terms and conditions of a loan. However, it is essential to recognize...

IOU: can it be cancelled?

Commercial and company law

Estimated reading time (in minutes) Sometimes you want to cancel an IOU . The acknowledgment of debts being a legal act, is it  possible  ? How to try to obtain its cancellation? Yes, if there is a defect of consent The  acknowledgment  of debts being a legal act, the...

Why can a bank refuse you a loan?

banking law

Estimated reading time (in minutes) Loan refusal! You want to take out a loan and the  bank  refuses to follow you. Does she have the right? For what reasons ? Yes, and without justification A bank does not have to justify a refusal and is entirely free to grant or...