Practice question
Jessa proposes Keno as new debtor, the creditor accepts, and Jessa is released. Contrast insolvency arising only later with insolvency already existing and known to Jessa when she delegated the debt. Apply Article 1295 without assuming a separate guaranty.
Legal references
- https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html — Civil Code, articles 1293–1295.
- https://lawphil.net/judjuris/juri2023/aug2023/gr_259469_2023.html — Aliguyon v Dummang, GR 259469, August 30 2023, main opinion: creditor consent and expromisión/delegación.
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