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Ang Batas, Sa Simpleng Salita — your rights, finally explained.

Article 2118

RA 386 · Civil Code of the PhilippinesKey provision

ELI5— what this means for you

If a credit which has been pledged becomes due before it is redeemed, the pledgee (person holding collateral) may collect and receive the amount due.

Official text — RA 386

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

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