Text of the provision
Art. 2250. The excess, if any, after the payment of the credits which enjoy preference with respect to specific property, real or personal, shall be added to the free property which the debtor may have, for the payment of the other credits.
(1928a)
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 excess remaining after the preferred credits are paid is added to the free property the debtor may have, for the payment of the other credits.
Related provisions
- Article 2249 — Two or More Credits on the Same Immovable.
- Article 2251 — Payment of the Remaining Credits.
Cases interpreting this article
- Authorities on this article will be added here as each is verified against primary sources.