Today’s Legal Enlightenment (Tuesday, 27 December 2022)

by | May 3, 2023 | Legal Enlightenment | 0 comments

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NON-PERFORMING CREDIT STATUS

Banks (Creditors) who unilaterally terminate the Credit Agreement with The debtor, by declaring in writing that the credit is bad credit, at that time everything should be in a state of status quo, both regarding the amount of credit that is the default, as well as the amount of interest. Cannot be justified the addition of interest, to the amount of loans that have been declared bad.

→ Supreme Court Decision No. 2899 K/Pdt/1994, dated 15 February 1996.

Best regards, Fredrik J. Pinakunary
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