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What is Presumption of Debt Remission Explained about?

Article 1271 of the Civil Code establishes the presumption of implied remission of debt when a creditor voluntarily delivers a document of indebtedness to the debtor, indicating a waiver of the right to collect. This presumption can be rebutted by the creditor with evidence showing the delivery was for verification or temporary possession. The document

Author

kaquilban23

Language

EN