Transfer of debt / Debt assumption
Glossary
Debt assumption is an agreement where a third party takes over a debtor’s obligation. Creditor consent is required.
Updated: 13/03/2026
The definitions presented in this section reflect the Belgian context, unless stated otherwise. The texts are intended to summarise the concepts in everyday language and should not be regarded as exhaustive or definitive. Suggestions or adjustments may always be sent to glossary@tcm.be.
Glossary
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