PandaTip: In other words, this agreement is now the debt control agreement and, in any case, the terms of that agreement are different from those that were signed previously, the terms of that agreement are the ones that are used. Our unique table at the beginning of the agreement allows you to align the recognition of the debt agreement with your PandaTip needs: in other words, if necessary, the debtor and creditor will take additional steps to ensure that the debts are repaid as long as the terms of that agreement are respected. Our presentation of the recognition of the debt agreement allows a cost-effective way to regulate almost every aspect of the recognition of the debt agreement by providing a single table at the beginning of the debt recognition agreement, which will allow you to adapt certain parts of the agreement that you wish to include, exclude or vary. ACKNOWLEDGMENT OF DEBT. The debtor agrees and acknowledges that he is fully indebted to the creditor. 7 I/We hereright waive the benefits of the legal exceptions „non-numeratae pecuniae,“ „errore calculi,“ „non causa debiti“ and „revision of accounts“ with all the force, meaning and effect that I/We declare that I/we are fully known; 6. I/We agree that all payments should be made to: bank details debtors 7. I/We choose here joint domicilium citandi and executandi for all purposes in the sense of this RECONNAISSANCE of the debt to: Address of the creditor 8. In a summary judgment, a court will consider only the liquid document – the signed AOD – as evidence (at first glance) that the debtor is the creditor`s fault and renders his judgment against the debtor. The judgment allows the creditor to obtain an execution warrant to place the debtor`s property sold by the sheriff at a public auction. 3 This DEBT RECOGNITION is the unique and exclusive document that proves my overall responsibility to the creditor; (b) All defensive measures of any kind that were previously available to me under previous agreements with the creditor are expressly removed and abandoned by myself, with all the force, importance and effect; c) I/We agree that a judgment should be rendered against me within the meaning of Section 58 of The Magistrate`s Court Act No.
This debt settlement agreement (the „contract“) specifies the terms of the contractual agreement between [COMPANY] and the place of [ADDRESS] (the „debtor“) and [COMPANY] with its main place of activity [ADDRESS] (the „creditor“) which agrees to be bound by this agreement. 4 32 of 1944 in case we/we did not meet the repayment period described in this DEBT RECOGNITION.