MKB Juristen drafts custom legal documents
It is best not to cobble together or copy important contracts, terms and conditions, and other legal documents yourself. We help entrepreneurs on a budget with customized legal solutions, clear costs upfront, and practical explanations.
- Custom contracts, terms and conditions, and legal documents
- Budget-friendly and clear about the costs upfront
- Request a free consultation or a no-obligation quote
A registration with the Credit Registration Bureau (BKR) can have unpleasant consequences for entrepreneurs as well, especially if it is negative. A negative registration makes it more difficult to obtain financing. If the registration is unjustified, you can request its removal or correction under certain conditions.
What is a BKR registration?
For many credits, a registration is automatically created with the BKR. This applies to various loans starting from a certain amount and with a specific term, as well as business loans for which you, as an entrepreneur, are personally liable. Lenders consult the BKR to assess whether you can meet your obligations.
Positive and negative registration
A standard registration of an outstanding credit is neutral in itself. The situation changes with a negative registration, for example following a payment default. Such a negative entry can remain visible for years and hinder you in obtaining new financing — a real obstacle for your business.
Consequences for entrepreneurs
If you want to invest, take out a loan, or enter into a lease agreement, a negative BKR registration can throw a spanner in the works. Lenders may be hesitant or refuse. It is therefore important to know whether you are registered and exactly what has been recorded.
Have incorrect registration removed
If a registration is incorrect, unjustified, or disproportionate, you may request that it be corrected or removed. In doing so, the lender must weigh your interests against the purpose of the registration. If a mutual agreement cannot be resolved, you may submit the matter to a dispute resolution body or the court. Substantiation is decisive in this regard.
Frequently Asked Questions
Are entrepreneurs also registered with the BKR?
Yes, including for business loans for which you are personally liable, and for various other credits.
What is the problem with a negative registration?
This can remain visible for years and hinder obtaining new financing.
Can I have an incorrect registration removed?
Subject to conditions, yes: in the event of an unjustified or disproportionate registration, you may request correction or removal, if necessary via a dispute resolution body or the court.
Suffering from a BKR registration?
Our legal experts review your registration and request its removal if necessary. View our financial lawteam, our legal assistance, or schedule a free consultation.
