GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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13:11 Mar 9, 2007 |
Spanish to English translations [PRO] Law/Patents - Finance (general) / Incumplimiento de las obligaciones | |||||||
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| Selected response from: Rosene Zaros United States Local time: 16:32 | ||||||
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Summary of answers provided | ||||
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3 | put the borrower/debtor in arrears |
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3 | declare a debtor in default / put a debtor in default |
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put the borrower/debtor in arrears Explanation: Within the law, there are ways whereby debtors can be delinquent in their payments and thus have to pay more interest. |
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declare a debtor in default / put a debtor in default Explanation: Algunos ejemplos en la Red: http://www.sptimes.com/2004/07/06/Worldandnation/Lenders_dec... Lenders ***declare*** oil giant Yukos ***in default.*** other card issuers and creditors who have included universal default into their credit card and other loan agreements, could also ***declare a debtor in default***, http://www.csrees.usda.gov/newsroom/lgunews/economics/news00... También: place/put a debtor in default When a debtor refuses or neglects to pay the money he owes voluntarily, the creditor can seek recourse through the legal system. Before taking legal action, however, the creditor must, as a preliminary condition, ***put the debtor in default***. This means that the creditor must notify the debtor of his intention to reclaim the money he is owed. Espero que te ayude! -------------------------------------------------- Note added at 7 ore (2007-03-09 20:25:27 GMT) -------------------------------------------------- Me olvidé de poner el último enlace: http://www.educaloi.qc.ca/en/cotecour/court_quebec/small_cla... |
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