SUBROGATION IN CREDITOR’S RIGHTS BY DEBT PAYMENT
SUBROGATION IN CREDITOR’S RIGHTS BY DEBT PAYMENT

Summary/Abstract: Subrogation is the mechanism through which, by convention or under the law, the creditor's claim is transmitted to another person who has made or facilitated the payment, as the case may be. Subrogation is both a method of payment and a way of transmitting the debt. As a means of transmitting the claim, the subrogation consists in replacing the initial creditor with another person, who, paying the debt, becomes the debtor's creditor. In modern law, personal subrogation has gained great practical applicability, becoming one of the institutions widely used in civil legal relations, especially in insurance or in the field of international commercial contracts.

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