If the borrower defaults on the periodic repayment of interest, the lender may demand immediate repayment of interest that has fallen due but has not been paid.
Home | French Legislation Articles | French Consumer Code | New legislative part | Book III: CREDIT | Title I: CREDIT TRANSACTIONS | Chapter V: Life mortgage and transfer advance loan | Section 7: Termination of the transaction | Article L315-22 of the French Consumer Code
If the borrower defaults on the periodic repayment of interest, the lender may demand immediate repayment of interest that has fallen due but has not been paid.
En cas de défaillance de l’emprunteur sur le remboursement périodique des intérêts, le prêteur peut exiger le remboursement immédiat des intérêts échus mais non payés.
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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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