Creditor

You have initiated legal proceedings, but your debtor has already reimbursed you? Lawrence explains how to end a debt collection procedure! If the creditor has initiated proceedings, but the debtor has returned the amount demanded following receipt of the order to pay or following the release of the opposition, he will have to withdraw the proceedings with the competent authority.  The creditor…

Are you claiming money from a debtor? You don’t know how to calculate the interest on this debt? This article explains how to do it! In principle, the law requires the application of an interest rate on any debt as soon as the repayment period set by the creditor has expired. The legal interest rate on a debt is 5% per year. This amount can be freely modified in the loan contract between the…

Does your debtor owe you several debts? How to proceed if this is the case? Our team tells you all about it in this article. The creditor is not obliged to send several requests if the same debtor owes him several debts.  All claims can be combined in one lawsuit. Indeed, the law does not mention any limits. A material connection between the debts is not necessary.  The only constraint is that…