Consumer Bankruptcy and Lack of Property – Loans For Indebted

Problematic turbulence related to debts and other financial problems may lead to the state of consumer bankruptcy. But what is the question of not possessing any property? Can you formally declare bankruptcy without him? Consumer bankruptcy and lack of assets – let us learn the most important relationships between these concepts. Consumers having problems with…

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Limitation of Loan – When will it happen?

According to the rules of civil law, property claims (with few exceptions) after a certain time barred. When this happens, the debtor may plead the limitation period and refuse to satisfy the creditor. The bank’s claim resulting from the loan granted may also be time-barred. The general limitation periods are set out in the Civil…

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