by Aurelia Schmid | Code of Obligations (OR) - General Provisions
Default interest vs default damage The creditor has the right to charge a default interest of 5% per annum to a debtor who is in default of payment of a (legitimate) claim. However, it is often the case that creditors – especially in business dealings –...
by Aurelia Schmid | Debt Enforcement and Bankruptcy Law (SchKG)
Neue Möglichkeiten für zu Unrecht Betriebene It is very easy to start a «Betreibung» (enforcement, debt collection procedure) in Switzerland. You do not need any evidence. All you have to do is fill out the request, state a reason on it and send the request to the...
