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What is Application of Payments and Cession Rules about?

The document outlines the rules regarding the application of payments, including how debtors can designate which debts to pay when multiple debts are owed to the same creditor. It also discusses the process of payment by cession, tender of payment, and consignation, detailing the requirements and effects of these actions. Additionally, it addresses the implications of loss or impossibility of performance regarding obligations, including the debtor

Author

Lika Mejido

Language

EN