Bankruptcy
By Wouter Dammers | Algemeen, Insolventierecht | 20 December 2016
Bankruptcy is a state in which a debtor can find himself after bankruptcy has been filed by the debtor or creditors. In the event of […]
Lexicon
Creditor
By Wouter Dammers | Contractenrecht, Verbintenissenrecht | 22 March 2017
A creditor is another word for the obligee. For more information, see creditor.
Creditor
By Wouter Dammers | Contractenrecht, Verbintenissenrecht | 22 March 2017
A creditor is a person who has a claim on another person (the debtor).
Joint and Several Liability
By Wouter Dammers | Verbintenissenrecht | 6 February 2017
The term ‘Joint and several liability’ means that a debtor – even if there are several debtors – can be forced to fulfil the entire […]
Preferential Creditor
By Wouter Dammers | Insolventierecht | 15 February 2017
A preferential creditor is a creditor who has a preferential claim on the debtor. This preferential claim means that in case of bankruptcy of the […]
Suspension Right
By Wouter Dammers | Contractenrecht, opschorting, Verbintenissenrecht | 6 December 2016
The right of suspension means that a debtor can suspend the fulfilment of his obligation until the creditor fulfils his obligation (s). Conditions A suspension […]