Ehrlich v. Exchange Bank

1. An agreement by which a creditor extends to his debtor additional time in which to meet the obligation does not contain a contractual obligation by the creditor to refrain from bringing suit on the *791original obligation before the expiration of the extended time agreed upon in the extension agreement. There being no duty resting upon the creditor under such circumstances to refrain from bringing suit, a suit brought by the creditor before the expiration of the extended time, which does not contain therein any element of malicious use or abuse of process, violates no duty owed by him to the…