Article 831. The rights of the financial agent to the amounts received from the debtor.
1. If, under the terms of a financing contract for the assignment of a monetary claim, a client is financed by buying this requirement from him by a financial agent, the latter acquires the right to all the amounts he receives from the debtor in fulfillment of the claim, and the client is not responsible to the financial agent for that the amounts received by him were less than the price for which the agent acquired the claim. 2. If the assignment of a monetary claim to a financial agent is made to ensure that the client’s obligations are fulfilled and the financing contract for the assignment of the claim does not provide otherwise, the financial agent must submit a report to the client and transfer to it an amount exceeding the client’s debt amount secured by the assignment of the claim. If the funds received by the financial agent from the debtor were less than the amount of the client’s debt to the financial agent secured by the assignment of the claim, the client remains responsible to the financial agent for the balance of the debt.
References to other articles of chapter 43. Financing under the assignment of a monetary claim: