võlanõue

Võlanõue refers to a legal claim for repayment of a debt. In essence, it is the right of a creditor to demand that a debtor fulfill their financial obligation. This obligation typically arises from a contract, such as a loan agreement, a purchase on credit, or an unpaid invoice. The võlanõue can be established through various means, including written agreements, verbal promises that can be proven, or by operation of law.

When a debt is not paid voluntarily, the creditor may initiate legal proceedings to enforce their võlanõue. This often begins with sending a formal demand letter to the debtor, outlining the amount owed and the consequences of non-payment. If the debtor still fails to pay, the creditor can file a lawsuit in court. The court will then assess the validity of the võlanõue and, if proven, will issue a judgment ordering the debtor to pay. Enforcement of such judgments can involve measures like wage garnishment or seizure of assets. The statute of limitations, which sets a time limit within which legal action can be taken, is an important factor in the enforceability of a võlanõue.