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II. HUMAN RELATIONS
Topic: C. Thoughtless Extravagance (Civil Code, Art. 25)

Mr. Santos, known for his lavish lifestyle and opulent parties, recently fell into financial distress due to his thoughtless extravagance. He accumulated a significant amount of debt and is now facing the possibility of bankruptcy.

Based on the given scenario, answer the following questions:

What is the concept of thoughtless extravagance as defined in Article 25 of the Civil Code?
Discuss the legal consequences of thoughtless extravagance on the financial obligations of Mr. Santos.
What legal remedies are available to Mr. Santos to address his financial distress caused by thoughtless extravagance?

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