Only the debtor may ask for a moratorium A moratorium of payments (surseance van betaling) is a court-ordered general suspension of a debtor’s obligations; its purpose is to avoid the debtor’s bankruptcy in the interest of both the debtor and his creditors. The moratorium is to a certain extent comparable with the US Chapter 11.… Continue reading MORATORIUM OF PAYMENTS UNDER THE LAWS OF THE NETHERLANDS ANTILLES AND ARUBA
LAWYERS // TAX ATTORNEYS // ARUBA – BONAIRE – CURAÇAO – ST. MAARTEN