Braude v. Vehon , 201 Ill. App. 486 ( 1916 )

Mr. Justice McDonald

delivered the opinion of the court.

3. Compositions with creditors—how original debt revived. Where a debtor fails to pay the agreed percentage of a claim'within the time fixed therefor in a creditor’s compromise agreement, the original debt is revived and the full amount thereof may be recovered by the creditor.