Practice question
A debtor omits an unmatured national tax claim solely because it is governmental and not yet payable. Is that reasoning consistent with Section 4(c)?
- Yes, government claims are categorically excluded
- Yes, all unmatured claims disappear
- Yes, only private banks may hold claims
- No; the definition includes government claims and matured or unmatured demands
- No, because every tax claim must already be a final judgment
Legal references
- RA 10142 (FRIA), Sections 4, 7, 9, 17-18, 31-35, 64-70 and 115-121: https://lawphil.net/statutes/repacts/ra2010/ra_10142_2010.html
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