The indemnity provided for in the event of termination of the credit agreement may not exceed 7% of the sums due in respect of the outstanding capital plus accrued and unpaid interest.
Home | French Legislation Articles | French Consumer Code | New regulatory part | Book III: CREDIT | Title I: CREDIT TRANSACTIONS | Chapter III: Mortgages | Section 5: Performance of the credit agreement | Subsection 2: Default by the borrower | Article R313-28 of the French Consumer Code
The indemnity provided for in the event of termination of the credit agreement may not exceed 7% of the sums due in respect of the outstanding capital plus accrued and unpaid interest.
L’indemnité prévue en cas de résolution du contrat de crédit ne peut dépasser 7 % des sommes dues au titre du capital restant dû ainsi que des intérêts échus et non versés.
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
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Paris Bar Registration n° (Toque) C2396
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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