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The person entitled to demand the settlement of the debt


The party entitled to demand debt repayment — under the term "parties entitled to demand debt repayment" are understood to be credit institutions established in accordance with the legislation of the Russian Federation or legal entities that are not credit institutions (hereinafter referred to as legal entities), which have the right to demand repayment of debts arising from credit agreements1.

  1. Federal Law No. 422-FZ dated December 30, 2015 "On the Specifics of Debt Repayment and Out-of-Court Settlement of Debts of Borrowers Residing on the Territory of the Republic of Crimea or on the Territory of the City of Federal Importance Sevastopol, and on Amendments to the Federal Law "On the Protection of the Interests of Individuals with Deposits in Banks and Separate Structural Units of Banks Registered and (or) Operating on the Territory of the Republic of Crimea and on the Territory of the City of Federal Importance Sevastopol"". 2015, amended on December 30, 2015, Article 1, paragraph 3. ↩

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