The Impact of Duration in Debt with the Approach before and after of the Expiration of Time

Abstract

Debt is a general financial that is proven to be the responsibility of one person for another person for a reason, and it is both financial and non-financial, which can be created as a result of contracts or coercive guarantees, and all obligations, including the transfer of property, handing it over, or performing an act or leaving it, are called debt, and the nature of debt is implied.

The main purpose of this research is to examine the effects of death in religion before and after dissolution and the legal consequences that follow.

The research method was descriptive and analytical and field study, which divided the religion into temporary, current and temporary.

 The results obtained were that the creditor does not have the right to demand his debt before the end of his life, and in case of payment of the debt, he has the right to return it at his own will. Converting the current debt to the present is also recommended, and converting the current debt to the current debt is only possible with the agreement of the parties. In summary, in financial, non-financial and monetary obligations, the determination of the deposit in case of non-fulfillment of the obligations is correct and demandable, because it leads to the strengthening of the contract based on the principle of necessity, and the breach of the contract causes the injured party to claim the contractual deposit in order to compensate for the damage, although some opinion The debt arising from the obligation in monetary obligations creates the possibility of usury, but the legitimacy of its demand in order to compensate the damage is logical and justified and is subject to the application of Article 230 of the Civil Law