When the lender demands immediate repayment of the outstanding capital pursuant to article L. 312-39, it may claim compensation equal to 8% of the outstanding capital at the date of default.
Home | French Legislation Articles | French Consumer Code | New regulatory part | Book III: CREDIT | Title I: CREDIT TRANSACTIONS | Chapter II: Consumer credit | Section 6: Performance of the credit agreement | Subsection 2: Default by the borrower | Article D312-16 of the French Consumer Code
When the lender demands immediate repayment of the outstanding capital pursuant to article L. 312-39, it may claim compensation equal to 8% of the outstanding capital at the date of default.
Lorsque le prêteur exige le remboursement immédiat du capital restant dû en application de l’article L. 312-39, il peut demander une indemnité égale à 8 % du capital restant dû à la date de la défaillance.
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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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