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5176 — Puerto Rico Law | CourtGPT
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  3. Puerto Rico/
  4. Title Thirty-one - Civil Code (§§ 1 — 5305)/
  5. Subtitle 4 - Obligations and Contracts/
  6. Part XVII/
  7. Chapter 397/
  8. 5176
Puerto Rico Legal Code

5176

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From the date of the declaration in bankruptcy, all the debts of the bankrupt shall cease to bear interest, with the exception of mortgage and pledge credits to the amount of their respective guaranties.\nIf, after the principal of the debts has been paid, a balance should remain, interest shall be paid, reduced to the legal rate, unless that stipulated is less.\nHistory —Civil Code, 1930, § 1816.