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Ang Batas, Sa Simpleng Salita — your rights, finally explained.

Article 1176

RA 386 · Civil Code of the Philippines

ELI5— what this means for you

If a creditor accepts payment without claiming interest, they are presumed to have waived interest for that payment. Receipt acknowledging payment of principal without reservation creates a presumption of prior installments being paid.

Official text — RA 386

Full article text is being added. Read the official text at officialgazette.gov.ph.

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