LIABILITY OF A DEBTOR UNDER THE LAWS OF ARUBA AND THE NETHERLANDS ANTILLES

The conduct of parties to a contract is subject to reasonableness and fairness Under Aruba and Netherlands Antilles law, the general rule is that a debtor is liable for his obligations with all his assets. It is customary for banks to require collateral prior to lending money. A bank (or other lender) may stipulate that… Continue reading LIABILITY OF A DEBTOR UNDER THE LAWS OF ARUBA AND THE NETHERLANDS ANTILLES

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