If a bank loses confidence in a borrower who is in default, it can decide to declare the entire loan due for repayment invoking what's known as an acceleration clause.
If no election is provided for in the acceleration clause, and the debt is accelerated automatically upon default by the debtor, prescription will commence running on default.
This can be financially risky in many ways, since many loans have acceleration clauses which permit the lender to call the loan due if the property is transferred.
As many loan agreements contain acceleration clauses, the courts have had to consider whether repayment can be said to be voluntary in the context of such loan agreements.
Some have commented on the existing stock of outstanding long-term debt with acceleration clauses that might not qualify under the rule's criteria and have proposed grandfathering as a possible solution.