An assumption of debt is an operation according to which a third party undertakes, before the creditor, to perform the obligation of another party.
The debtor can be replaced: a) by a contract between the old debtor and the new debtor, ratified by the creditor or b) by a direct contract between the new debtor and the creditor, irrespective of the consent of the former debtor.
Contact the João Maia Rodrigues and Diovana Barbieri Notary Office for further information.
Address: Av. 5 de Outubro, n.º 17, 1º Andar
1050-047 Lisboa
Telephone: 213 579 081 | 219 119 140 (cost of a call to the Portuguese land line network)
Email: joao.rodrigues@notarios.pt | diovana.barbieri@notarios.pt
We have agreements with several local credit institutions and real estate agencies.
Find out about the conditions.
