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Instructions and Help about Cg 1261

Hi everyone welcome to my channel always remember ignorance of the law excuses no one this is engineer let's proceed to application of payment subsection one application of payments another special form of payment so article 1250 to ito right yes and uh under article 1252 application of payment this is the designation of the debt which should be applied the payment made by a debtor who has various deaths of the same kind in favor of one in the same predators in my so first there must be one detour and one credit war and there must be two or more debts the debts must be of the same kind four the debts to which the payment made by the debtor has been applied must be due and the payment made must not be sufficient to cover all the debts okay so take note of those uh requisite unless unless first there is a stipulation that the debtor may so apply a stipulation or it is made by the debt or creditor as the case may be for whose benefit the period has been constituted so that's an exception to the general rule yes so so let's now discuss the rules on applications of payment yeah so a attorney who has several different debts may make part b net as to which that is paid the ruler as follows first the debtor has the first choice that was the first choice he must indicate at the time of making payment and not afterwards okay must not be sufficient to cover all my debts all right so let's give an example as regards the application of payments 1 500 pesos which is payable on september 5. yes then he has another debt 1200 pesos payable on september...