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Analyses, feedback and legal news on banking law, credit law and enforcement.

629 articles published

Civil procedure

98 items

The summons: a multi-faceted legal tool 7 Apr
Challenging a lapsing decision: appeals and strategies 1 Apr
Avoid the pitfalls of compulsory domicile details in procedural documents 1 Apr

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Forfeiture of a matured loan

Your loan has come to an end and been repaid in full - but the bank has decided to cancel it anyway. This situation, which we come across regularly, is the result of legal confusion: accelerated repayment can only apply to a loan in progress, never to a contract that has expired. Here is an analysis of this banking practice and the remedies available.

Forfeiture of term

Understanding lump-sum compensation (or compensation payable immediately)

Your bank will declare that you are in default and will claim from you, in addition to the outstanding capital, a sum calculated as a percentage of the sums due. This is known as the "indemnité forfaitaire" or "indemnité d'exigibilité immédiate". This guide explains what it is, how to find it in your contract and how to dispute it.

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