Federal Act on the Amendment of the Swiss Civil CodeEnglish is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force. |
Art. 87
b. By law 1Where no valid debt redemption statement has been made and the receipt does not indicate how the payment has been allocated, it is allocated to whichever debt is due or, if several are due, to the debt that first gave rise to enforcement proceedings against the debtor or, in the absence of such proceedings, to the debt that fell due first. 2Where several debts fell due at the same time, the payment is offset against them proportionately. 3If none of the debts is yet due, the payment is allocated to the one offering the least security for the creditor. |