Notice of default not always required According to article 6:119 Netherlands Antilles Civil Code, whenever a debtor is in default, he must pay compensation to the creditor, this compensation consists of the statutory interest. The statutory interest is calculated and accumulated to the amount due every year. In the case that a higher interest than… Continue reading STATUTORY INTEREST UNDER THE LAWS OF THE DUTCH CARIBBEAN
LAWYERS // TAX ATTORNEYS // ARUBA – BONAIRE – CURAÇAO – ST. MAARTEN