What is a debt assumption?

What is a debt assumption?

Debt assumption is also defined in the law of obligations and describes the transfer of an existing debt. The transfer takes place between two parties, from a debtor to a…

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Rescission of Debt: Conditions and Procedure

Rescission of Debt: Conditions and Procedure

Insolvency brings you out of debt, so far … almost! After all, it allows honest debtors a fresh start in their finances. However, there is a small detail, which must…

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Debt financing Capital through outside capital

Debt financing Capital through outside capital

The financing is subdivided depending on the legal position of the investor in debt financing on the one hand and self-financing on the other hand. As a hybrid between these…

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What power do debt collection agencies actually have?

What power do debt collection agencies actually have?

Everyone is happy about a letter, as long as it is not an invoice or advertisement. Much more unpleasant still is a letter that comes from a collection agency. Once…

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