Modifies The Law Nâ ° 18.010, Lending Of Money On Laying Down Rules On Application Of Interests When Operating A Acceleration Clause And Establishes Rules For The Protection Of Debtors In The Processes Of Renegotiation

Original Language Title: MODIFICA LA LEY Nº 18.010, SOBRE OPERACIONES DE CREDITO DE DINERO ESTABLECIENDO NORMAS SOBRE APLICACION DE INTERESES CUANDO OPERA UNA CLAUSULA DE ACELERACION Y ESTABLECE NORMAS DE PROTECCION DE LOS DEUDORES EN LOS PROCESOS DE REPACTACION

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. " In the letter to), eliminanse the expression "in the absence of agreement", and the final paragraph that reads then followed dot (.), by adding the word "agreed" before the word "calculated", on the two occasions that the latter appears.
((ii). in (b)), the expression "in the absence of agreement" eliminanse, and the final paragraph that reads then followed dot (.) adding the word "agreed" before the word "calculated", on the two occasions that the latter appears.
2. Add the following article 30, new: "article 30.-money lending operations or operations of money referred to in article 26 that have maturity in two or more installments and contain acceleration clause must be settled at the time of the forced or voluntary payment or reprogramming with or without novatorio effect, in accordance with the following rules" : 1. not resettable obligations considered the initial capital or the remaining which will be added to current or conventional interests depending on the case and the coasts until the moment of payment or reprogramming.
2. adjustable obligations considered to be capital at the time of contract obligation and this or his remnant be paid duly updated according to the agreed adjustability in its equivalent in currency at the moment of payment or reprogramming, more the interest and costs referred to in the previous number.
In case of prepayment, this shall comply with the provisions of article 10.
Rights that are established in favour of the debtor, in this article are indispensable. "."