Practice question
A creditor receives payment from the wrong payer while believing in good faith it satisfies a legitimate subsisting claim against the true debtor. In reliance, the creditor releases the pledge securing that claim. The requirements of Article 2162 are established. Which result follows?
- The creditor may invoke the specified restoration exemption, and the undue payer has the recourse prescribed against the true debtor or guarantors whose obligations remain enforceable
- The creditor must always restore regardless of released security
- Every good-faith recipient is exempt even without a reliance event
- The wrong payer automatically owns all pledged property
- The true debtor is necessarily discharged from every possible claim
Legal references
- Civil Code Articles 2154 and 2159–2163: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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