Article 2067
ELI5— what this means for you
The guarantor who pays is subrogated by virtue thereof to all the rights which the creditor had against the debtor.
Official text — RA 386
The guarantor who pays is subrogated by virtue thereof to all the rights which the creditor had against the debtor.
If the guarantor has compromised with the creditor, he cannot demand of the debtor more than what he has really paid. (1839)
Source: lawphil.net (RA 386 as amended)
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