Legal Insights

Plain-language guides and case briefs on Philippine law — researched from the firm's law library of 184,000+ statutes, Supreme Court decisions, and agency issuances, and written so non-lawyers can understand and act on them.

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Mar 13, 2017 consignation civil law debt payment philippine national bank lease tender of payment

Valid Consignation Demands Strict Compliance With Legal Requirements

Learn when depositing rent in a bank account is not valid consignation, and what the law requires for debt payment.

Feb 12, 2014 suretyship civil code article 2079 surety bonds guaranty supreme court

Surety Bonds Survive Debt Extension: Key Supreme Court Ruling on Article 2079

Extension of a principal's debt without a surety's consent does not automatically extinguish surety bonds, per the Supreme Court.