Befähigungsprüfung Inkassoinstitute Practice Questions - Austria Befähigungsprüfung Für Das Reglementierte Gewerbe Der Inkassoinstitute Exam

In an open assignment, debtor notification (Verständigung) means the debtor can only achieve debt discharge by paying the assignee; in a silent assignment, payment to the assignor discharges the debt A silent assignment is legally invalid against third parties unless registered in the Austrian commercial register (Firmenbuch) In an open assignment, the debtor loses all defences that existed against the assignor prior to the assignment A silent assignment automatically converts the claim from a commercial claim to a private consumer loan