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These three kinds of debt are not recognized by law at all, and you don't want to come back with 1 cent!

Time: 2018-05-14         Source: Luo Ye Law         Author: Luo Ye law

NO1:

Today's social life is more colorful than ever. On the one hand, this means that our use of money can be varied, and on the one hand there are potential risks. To borrow money first, the biggest problem for creditors is that as long as he repays the money, what he does with money has nothing to do with me. No need to ask more.

It's just wrong. You not only have to ask, you have to ask clearly, it is best to let him write clearly on the IOU. I remember that judicial practice examined many such cases. The parties knew whether the other party took part in gambling or borrowing money, or borrowed money from the relationship between a friend's face and relatives. At the end of the day, it was heartbroken, because the court stated that it did not protect such a lending relationship.

       

Therefore, remember that it is absolutely inadvisable to borrow money for the first time to understand the other party's use. It is absolutely not desirable to use money to gambling and smuggling. Second, you must be clear about what kind of social activities are illegal activities and borrow money to make it more clear.

NO2:

The following lending relationship is not protected by law. That is the lending relationship that makes the other party violate the true intention. What does that mean? For example: A forcibly kidnaps B, intimidates B to sign an IOU that owes his money, and wants to stamp and sign.

Then even if B sign it personally, it will not return your money. The "General Principles of Civil Law" has clearly stipulated that one of the two sides of the debt is fraudulent, coercive, or occupant of dangerous means, so that the other party's civil actions made in violation of the true will is invalid.

NO3:

First of all, remind everyone not to touch the usury loan easily. When you are unable to repay your own money, it can be very troublesome. When it hurts your family, how to do it. According to national laws and regulations, in private lending, the interest rate may be appropriately higher than the bank interest rate, but if the interest rate exceeds the limit of the bank interest rate, excess interest will not be protected by law.

All in all, borrowing money is not as casual as you think. The behavior of borrowing money is also to be established within the scope permitted by law. Otherwise, it is their own interest to lose money.

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