Practice question
A debtor’s schedule includes only admitted, matured private debts and excludes disputed, contingent and governmental demands. Explain the definition it must consider.
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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