Text of the provision
Art. 1282. The parties may agree upon the compensation of debts which are not yet due.
(n)
Civil Code of the Philippines, Republic Act No. 386, approved June 18, 1949, effective August 30, 1950. Reproduced in full; verified verbatim against the LawPhil and ChanRobles official-text renderings.
What this article means
The parties may agree to compensate debts that are not yet due — voluntary (conventional) compensation, which does not require all the legal requisites.
Questions about this provision
Related provisions
- Article 1281 — Total or Partial Compensation.
- Article 1283 — Compensation of Damages Claims.
Cases citing this article
- Traders Royal Bank vs. Norberto Castañares and Milagros Castañares, G.R. No. 172020, December 6, 2010 — read the decision on LawPhil →
Compiled automatically from Supreme Court decisions published on LawPhil that expressly cite this article, most frequently cited first. A listing means the decision cites the provision — it is not a statement that the case is the leading authority, and it does not show whether a ruling has since been modified or abandoned. Always read the decision itself.