Freeing oneself from a debt through a different service or property from the one initially provided in the contract.
Inability of a natural person to exercise his/her rights and obligations, because of his/her young age or because of a default in his/her mental faculties, said person being therefore under legal guardianship of protection.
Procedure seeking the settlement of a trader natural person's difficulties or of a legal person, such difficulties deriving from a creditor 's assignment, either following a statement of suspension of payment by one or several administrator(s), or by motion of the court itself.
There are three different insolvency procedures: the safeguard procedure, the legal redress and the winding-up by decision of court.
A written document establishing an agreement between one or more people. There is a distinction between:
The instrument of dividing either all or part of your property between your heirs during your lifetime. The transfer of ownership is immediate and final but the donor may retain the usufruct of the donated property.