👉 Counterdecrees are a method in law that allows a court to reduce a debt or obligation by paying off the principal amount and interest separately from the remaining balance. This is done by declaring a "counter-decreed," which is a legal document that sets out the terms of the counter-decreed, including the amount owed and its repayment schedule. The process typically involves issuing a decree in writing to creditors or debtors stating the amount owed and the conditions under which interest should be paid.
