Page 291 - Important Provisions of The New Civil Code

Article 1176. The receipt of the principal by the

creditor without reservation with respect to the

interest, shall give rise to the presumption that

said interest has been paid.

The receipt of a later installment of a debt

without reservation as to prior installments,

shall likewise raise the presumption that such

installments have been paid. (1110a)

Article 1177. The creditors, after having

pursued the property in possession of the

debtor to satisfy their claims, may exercise all

the rights and bring all the actions of the latter

for the same purpose, save those which are

inherent in his person; they may also impugn

the acts which the debtor may have done to

defraud them. (1111)