Art.182, Sec.7, Chapter 4 of the Civil Code of the Phils.

Main Topic: Liquidation of the Conjugal Partnership

Sub. Topic: Chapter 4 Conjugal Partnership of Gains

Art. 182. The debts, charges and obligations of the conjugal partnership having been paid; the capital of the husband shall be liquidated and paid to the amount of the property inventoried.  


Discussion/Explainations: 

            In this article if all the debts, charges an obligations of the conjugal partnership had been already paid, the capital of the husband shall be liquidated. Which is all of the credits among the creditors are be paid by selling off assets that he has. While any of the remaining money will be distributed to all his heirs as their share.