Skip to main content
ClearingHouse Community
Part of the Sargent Shriver National Center on Poverty Law
Menu ≡

Stopping Defaults with Late Payments

By Yvonne W. Rosmarin

This article explains how delinquent debtors of installment sale contracts can use waiver and estoppel theories as defenses in breach of contract cases for default and acceleration. The author also discusses the various ways that courts have found to rule for debtors when creditors rely on nonwaiver provisions incorporated into credit agreements.

Download this article
↑ Go up to the top.