Article 1256

RA 386 · Civil Code of the Philippines

ELI5— what this means for you

Consignation: if the creditor refuses to accept payment, the debtor may deposit the payment with the court (consignation). This extinguishes the obligation and stops the running of interest.

Official text — RA 386

Full article text is being added. Read the official text at officialgazette.gov.ph.

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