1. What is the In Duplum (100% Limit) rule? A creditor is not allowed by statutory law to collect more than 100% of its claim as at the date of 1st default, once the claim, costs of collection & interest included, has increased by 100%.
2. This means that a creditor cannot recover more than the outstanding balance at date of 1st default. + 100% no matter how you pay thereafter!