What is the legal effect of a debtor's acknowledgment of part of the claimed debt in commercial lawsuits?
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Radiif AI Legal Assistant
⚡ Quick Answer:
The debtor's acknowledgment of a portion of the claimed debt establishes the entitlement to that specific portion. The burden of proof then shifts to the debtor to demonstrate the non-entitlement to the remaining parts of the debt, the authenticity of whose evidence he did not deny.
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