Legislator Case Law & Legislation
KKO 1862/1995 AI generated

Supreme Court held that a loan matured when the debtor accepted the repayment plan and the creditor demanded payment.

Case Number KKO 1862/1995
Court / Authority
Jurisdiction Finland (FI)
Decision Date
Outcome Allowed / Granted

Legislator summary

AI generated

The Supreme Court ruled that a loan matured upon the debtor's acceptance of a repayment plan combined with the creditor's demand for payment. The creditor argued that the loan became due only after a specific deadline in a collection letter, while the debtor contended the maturity date was tied to the repayment plan acceptance. The court determined that the combination of accepting the plan and the subsequent demand established the maturity date, rejecting the creditor's alternative timeline.

Legislator headnote

AI generated

TakausA 4 §; A loan matures when the debtor accepts a repayment plan and the creditor demands payment as specified in the plan.

Keywords

AI generated
loan maturity date repayment plan acceptance creditor demand for payment collection letter deadline maturity determination

Cited Legislation

AI generated
TakausA 4 §
AI generated

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Full text

Kysymys siitä, milloin luotto oli erääntynyt velallisen hyväksyttyä maksusuunnitelman ja velkojan vaadittua perintäkirjeellä luoton maksamista kirjeessä määrättynä päivänä.

TakausA 4 §