Traditional Culture Encyclopedia - Hotel accommodation - Is it legal to transfer creditor's rights to Chongqing Fucheng by stages?
Is it legal to transfer creditor's rights to Chongqing Fucheng by stages?
Assignment of creditor's rights refers to the assignment of creditor's rights to a third party without changing the content of debt. Through the transfer of creditor's rights, the third party obtains the legal status of the creditor, and the creditor withdraws from the legal relationship of creditor's rights.
According to the provisions of the Civil Law of People's Republic of China (PRC), if a creditor transfers all or part of its creditor's rights without notifying the guarantor, the transfer will not be effective for the guarantor. During the guarantee period, the creditor transfers the principal creditor's rights to a third party according to law, and if the secured creditor's rights are eliminated or exempted from the guarantee liability, the third party may recover from the debtor.
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