Professional Documents
Culture Documents
AUTOCORP and Rodriguez Vs
AUTOCORP and Rodriguez Vs
(3) When the debtor has bound himself to relieve him from the
guaranty within a specified period, and this period has expired;
(6) If there are reasonable grounds to fear that the principal debtor
intends to abscond;
NOTES:
A demand is only necessary in order to put an obligor in a due and
demandable obligation in delay, which in turn is for the purpose of
making the obligor liable for interests or damages for the period of
delay. Thus, unless stipulated otherwise, an extrajudicial demand is
not required before a judicial demand,