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The Effects of Debt Assignments

Author

Listed:
  • Maria Căzănel

    (Ovidius University of Constanța)

Abstract

The assignment of debt takes effect between the contracting parties (assignor and assignee),without any formalities, but also between parties and in relation to third parties. Thus, the right toclaim is transmitted from the transferor’s property to the transferee’s together with all accessoriesto that debt, and the rights related to warranty. Instead, the effects of the debt assignment inrelation to third parties must be judged according to how the assignment became enforceableagainst the assigned debtor, which is different from the one done to other third parties.

Suggested Citation

  • Maria Căzănel, 2016. "The Effects of Debt Assignments," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 10-13, February.
    • Handle: RePEc:ovi:oviste:v:xvi:y:2016:i:2:p:10-13
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    More about this item

    Keywords

    debt assignment; assignee; assignor; assigned debtor; third parties;
    All these keywords.

    JEL classification:

    • K - Law and Economics

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