Lifting of Debt Moratorium on Prewar Obligations

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Republic Act No. 342: Lifting of Debt Moratorium on Prewar Obligations

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Title Supreme Court: Lifting of Debt Moratorium on Prewar Obligations

Law: Republic Act No. 342

Decision Date: Jul 26, 1948

Republic Act No. 342 lifts the Debt Moratorium on prewar debts to provide relief to war sufferers, allowing them a reasonable time to pay their obligations while prioritizing their rehabilitation, with the law amending previous executive orders and ensuring the provisions of the Debt Moratorium remain in force for affected obligations.

lifting

debt moratorium

prewar obligations

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