Joint and Solidary Obligation (Art.1207 - 1222)

Define joint and solidary obligation.
Joint individual obligation
Effects of joint obligation
Kinds of solidary obligation
Effects of novation, compensation, remission, confusion

Reference: Civil Code of the Philippines

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[SkyBlue-lemn]

thank you po ma’am for using tagalog and bisaya hehe

[ordenizajedelynm.]

Hello po what if po kapag ganito ang situation A, B, and C are solidarily liable to pay the amount of P3Million to BPI Bank, subject to the following terms and conditions:

- A shall pay in monthly installment of P3, 000.00 starting January 1, 2021
- B shall pay her total obligation on February 1, 2021
- C shall pay his obligation if Leni Robredo becomes president in the next elections.

Assume that nobody has paid any outstanding obligation.
a. Today (March 20), BPI bank sent a demand for payment. How much may the bank ask for and who may be liable to pay?
b. If B becomes insolvent today, what is the effect to the obligation?
c. If the bank remits/cancels the debt of B, how much may the bank demand from A today (March 20), assuming no payment was made yet.