Section 1542 Of California Civil Code

Summary

A general release is a legal document that releases one party from any claims or liabilities arising from a specific event or situation. Section 1542 of the california civil code means that a general release does not cover claims that the releasing party was not aware of at the time of signing the release.

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What does section * of the california civil code mean?
Section * of the California Civil Code states that a general release does not extend to claims that the creditor or releasing party does not know or suspect to exist at the time of executing the release, which if known by them, would have materially affected their settlement with the debtor or released party.
Yes
Of course! What specific legal issue are you facing that you would like assistance with?
What is a general release?
A general release is a legal document that releases one party from any claims or liabilities arising from a specific event or situation. It is typically used to settle disputes or claims outside of court.
What does section * of California Civil Code mean?
Section * of the California Civil Code means that a general release does not cover claims that the releasing party was not aware of at the time of signing the release. Is there anything else I can help you with?
What is a creditor?
A creditor is a person or entity that is owed money or has a claim against someone for payment. They can be individuals, businesses, or financial institutions.