: Under Article 451 of the Civil Code, a contract may be terminated if circumstances change so significantly that the parties would not have signed the agreement had they foreseen it. 3. Unilateral Refusal to Perform
: The termination status must be reported to the Bureau of Credit Histories . Summary of Termination Methods Requirement Mutual Consent Agreement by both parties Sign a termination agreement Court Action Material breach or changed circumstances Lawsuit filed in an Arbitration Court Unilateral Refusal Statutory or contractual right Formal written notification to the other party rastorzhenie kreditnogo dogovora
: Termination usually triggers an obligation for the borrower to repay the remaining principal and accrued interest immediately. : Under Article 451 of the Civil Code,
: This often involves full early repayment of the debt. rastorzhenie kreditnogo dogovora
