SUBROGATION IN CREDITOR’S RIGHTS BY DEBT PAYMENT Cover Image

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

Author(s): Daniela Isabela Scarlat
Subject(s): History of Law, Civil Law, Sociology of Law
Published by: Editura Arhipelag XXI
Keywords: subrogation; dynamics of obligations; transmission of the debt; warranties and accessories; civil obligations;

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.

  • Issue Year: 2020
  • Issue No: 22
  • Page Range: 391-395
  • Page Count: 5
  • Language: Romanian
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