The Illegitimate Debt also known as execrable debt or odious debt that international law is the legal system governing the behavior of states and other international subjects and put into numerous practice times throughout history, but also keeps the external debt of a government that is the sum of the debts that a country has with foreign entities that is made up of the public debt that is contracted by the state and private debtthat is acquired by individuals, it is also created and used against the interests of the citizens of the country that does not have to be paid and for that reason the refund is not required for borrowing money where they would have acted in bad faith, with the knowledge of the consequences of contracts, bonds or commercial contracts that are legally void.
These debts can be considered personal and those who have acquired the personal title, whether sovereign, president or the director of the national central bank or the corresponding ministers, may respond and not the state as a whole and therefore the citizens.
The Illegitimate Debt is the science that this controversy over the obligation to pay the external debt in countries where there have been dictatorships that is a form of government in which power is concentrated around the figure of a single individual dictator or elite, absolute monarchies, which is a form of government in which the monarch bears the title of king, emperor, czar or anyone else who has absolute power, non-representative governments and even democratically elected governments that have acquired debts behind the back of its citizens, without itsconsent and for the purposes of personal and corporate enrichment, for social and political coercion against the interests of the citizens themselves.
