§ 6-4. The debtor's duty to notify creditors of improved finances

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

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The text of the law (unofficial translation)

§ 6-4. The debtor's duty to inform the creditors

If circumstances arise which the debtor (skyldner) understands or must understand may give the creditors (fordringshaver) a right to revision (omgjøring) under § 6-2, the debtor shall within a reasonable time and in a secure manner inform the creditors and the enforcement officer (namsfogden) of this.
Source: Lovdata — Gjeldsordningsloven (the Debt Settlement Act) § 6-4

What does this mean?

If something happens that may give the creditors grounds for revision under § 6-2, and the debtor understands or ought to understand this, both the creditors and the enforcement officer must be told. This must happen within a reasonable time and in a secure way. The notice also matters for the deadlines: a creditor must file a petition (begjæring) for revision within two months after receiving such information, see § 6-5. The section is therefore part of the interplay between § 6-2 and § 6-5.

Related sections
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