Article 2077
RA 386 · Civil Code of the PhilippinesKey provision
ELI5— what this means for you
If the creditor voluntarily accepts immovable or other property in payment of the debt, even if he should afterwards lose the same through eviction, the guarantor is released.
Official text — RA 386
If the creditor voluntarily accepts immovable or other property in payment of the debt, even if he should afterwards lose the same through eviction, the guarantor is released. (1849)
Source: lawphil.net (RA 386 as amended)
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