Question: O borrowed Php60,000.00 from P. To secure the debt, O pledged his ring, wristwatch and necklace. Before the debt could be paid, P died leaving
O borrowed Php60,000.00 from P. To secure the debt, O pledged his ring, wristwatch and necklace. Before the debt could be paid, P died leaving A, B and C as heirs. By agreement among the heirs who inherited the credit, the ring would secure the share of A of the credit, the wristwatch the share of B and the necklace the share of C. Later, O pays A Php20,000.00. can O demand the extinguishment of the pledge of the ring?
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