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.
Related provisions
- Article 1281 — Total or Partial Compensation.
- Article 1283 — Compensation of Damages Claims.
Cases interpreting this article
- Authorities on this article will be added here as each is verified against primary sources.
Note. The text of the provision above is reproduced in full from the official enactment (Republic Act No. 386), verified against the LawPhil and ChanRobles renderings. The annotation and commentary around it are the work of Vivas & Nobles Law Office and are general legal information, not legal advice. How a provision applies to a particular situation depends on facts that only a lawyer reviewing your case can assess.