§ 4-9. Disputed claims in the debt settlement

The Debt Settlement Act (Gjeldsordningsloven)·LOV-1992-07-17-99

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The text of the law (unofficial translation)

§ 4-9. Disputed claims (omstridte fordringer)

If a claim (fordring) is disputed, funds shall be set aside to cover the disputed claim. If legal steps have not been taken to have the existence of the claim established within six months from the adoption of the debt settlement (gjeldsordning), the amount shall be distributed among the other creditors (fordringshavere).
Source: Lovdata — Gjeldsordningsloven (the Debt Settlement Act) § 4-9

What does this mean?

If a claim is disputed (there is disagreement about whether the claim exists), money must be set aside for it in the plan. Legal steps must be taken within six months after the debt settlement was adopted to have it established that the claim exists. If that does not happen, the money set aside is shared among the other creditors.

The reasoning is the same as in § 4-10 for personal guarantee (kausjon) claims that have not fallen due. The distribution among the creditors otherwise is set out in § 4-8.

Related sections
All §§ in the Debt Settlement Act →