Practice question
Under a valid arrangement the civil debt is not yet due, but one solidary debtor pays early. He demands contribution interest for the interval before the agreed due date. Which is best under Article 1217?
- Every early payment automatically earns interest before the debt is due.
- The payer may impose any arbitrary rate.
- A due date never matters.
- The debt becomes a criminal fine.
- The provision bars interest for that intervening early-payment period.
Legal references
- Revised Penal Code, Articles 109-110, apportioned shares and recourse: https://elibrary.judiciary.gov.ph/thebookshelf/showdocs/28/20426
- Civil Code, Articles 774-776, 1216-1220, 1231-1238, 1288 and 1292, as particularly relevant: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
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