Article 1260
ELI5— what this means for you
Once the consignation has been duly made, the debtor may ask the judge to order the cancellation of the obligation.
Official text — RA 386
Once the consignation has been duly made, the debtor may ask the judge to order the cancellation of the obligation.
Before the creditor has accepted the consignation, or before a judicial declaration that the consignation has been properly made, the debtor may withdraw the thing or the sum deposited, allowing the obligation to remain in force. (1180)
Source: lawphil.net (RA 386 as amended)
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