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Bankruptcy Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 2: Safeguard

    • Title 2: Observation period

      • Chapter 2: Inventory

      • Chapter 5: Treatment of company creditors

        • Section 1: Previous creditors

          • III: Declaration of claims

            • D: Effect of the declaration

            • E: Penalty for obligation to declare

              • 1°: Foreclosure

                • a): Effects on the creditor

                • b): Effects on guarantors

              • 2°: Unenforceability of claims in the event of a safeguard plan must be adopted

    • Title 3: Drawing up an economic, social and environmental report

167. Unenforceability of the claim

1 minute de lecture

In the absence of a declaration within the time-limit, and in accordance with Article L. 622-26 of the Commercial Code, the creditors are foreclosed: their claim is not extinguished, but they are not admitted to the distributions and dividends. An undeclared claim is not enforceable against the debtor's insolvency procedure. The creditor only recovers his individual right of pursuit in the event o …

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