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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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Jul 1, 2019 contract-law suretyship guarantee excussion rehabilitation financial-agreements

Guarantee vs Suretyship: How Waiving Excussion Changes Liability

The Supreme Court clarifies when a "guarantee" becomes a suretyship, and why a rehabilitation stay order does not protect a surety.