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 D - Dec

 Def - Del

Dem - Dif

 Dis - Dwt 

Date of suspension of payments/filing of petition The day the Danish Bankruptcy Court is notified of the intention to suspend payments or to file a petition for bankruptcy or compulsory winding up.

Date on which a debt is due and payable Date on which a debtor is entitled to pay the debt.

Day fines Fines fixed on the basis of the income of the accused, cf. section 51 of the Danish Criminal Code, and where the alternative sentence is fixed at a corresponding number of prison days.

Day list Documents filed for registration will be registered in the day list on the day they are delivered if the court receives the document by 12 o’clock. If the document can be registered, it will have legal effect from the day it is registered in the day list. When the registration office registers ‘from day to day’, no separate entries will be made in the day list.

Days of grace Period after the due date during which payment can be made in time. Days of grace are, for example, used in connection with mortgages and rent payments.

De lege ferenda Opinion on how the legal position ought to be.

Debt for which the debtor must seek out the creditor and tender payment Debt which the debtor is obliged to pay at the place designated by the creditor. This is the general principle in Danish law for the payment of debt.

Debt instrument Written declaration by a person owing money. To be a debt instrument, the declaration must be unilateral and contain no conditions.

Debt rescheduling In certain circumstances, a person may have his or her debt reduced by the Bankruptcy Court making an order on debt rescheduling. The debt is reduced to a dividend, which is usually to be paid by the person concerned over a five-year period.

Debtor A debtor is a person or enterprise that owes money to another party.

Debtor administration When a new debtor takes over the debt. This requires the acceptance of the creditor.

Decision The court can make a ruling by judgment, order or decision. Judgments and orders by the court must be reasoned. A decision need not contain reasons.

Decision on a point of fact That the case is decided in accordance with the provisions and claims invoked for determining the parties’ issue and is not dismissed on account of formal objections. A formal objection can, for example, be that the writ of summons does not meet the requirements for a writ set out in the Danish Administration of Justice Act.

Declaration of insolvency Popular term to signify that enforcement proceedings have been closed without cover for the creditor. Many people erroneously believe that they can appear before the enforcement court without notice to make a declaration of insolvency.

Declaration of solvency In estates subject to administration out of court, at least one beneficiary must be of age and solvent, cf. section 25(1), no. 3, of the Danish Administration of the Estates of Deceased Persons Act. The condition is normally met by the person concerned signing a declaration – declaration of solvency.

Decree Old term for an order. The term is now mostly used in connection with insolvency.


Til top Sidst opdateret: 11-01-2010 
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