Explanation of Article 251
This article addresses the statement of "installment payment," which means that the debtor fulfills the debt in installments. The article stipulates that installment payment is permissible unless there is an agreement or statutory provision to the contrary. For example, if the contracting parties agree that the debt should be paid in a single installment, then in this case, installment payment is not permissible.
It is worth noting that this ruling applies to all types of obligations, whether they are contracts, acknowledgments, discharges, or otherwise.
This article is considered one of the most important articles related to installment payment, and it clarifies the impact of installment payment on the obligation.
Related To
Article 251
A debt shall be assigned to an assignee along with its modalities and attached rights, and the assignor shall be released from the debt.