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5172 — Puerto Rico Law | CourtGPT
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  2. Laws/
  3. Puerto Rico/
  4. Title Thirty-one - Civil Code (§§ 1 — 5305)/
  5. Subtitle 4 - Obligations and Contracts/
  6. Part XVII/
  7. Chapter 397/
  8. 5172
Puerto Rico Legal Code

5172

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A debtor may judicially ask from his creditors a reduction in the amount and an extension of time in the payment of his debts, or either of the two (2) things, but the exercise of this right shall not produce judicial effects, except in the cases and in the manner prescribed in the law of Civil Procedure.\nHistory —Civil Code, 1930, § 1812.