Article 1289
ELI5— what this means for you
If a person should have against him several debts which are susceptible of compensation, the rules on the application of payments shall apply to the order of the compensation.
Official text — RA 386
If a person should have against him several debts which are susceptible of compensation, the rules on the application of payments shall apply to the order of the compensation. (1201)
Source: lawphil.net (RA 386 as amended)
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