One of the co-creditors in a joint debt may enter into a settlement for their share therein. If the consideration for the settlement is of the same kind as the debt, the others may either share them in what has been received or pursue the debtor. If the consideration for the settlement is of a different kind, they may pursue the debtor or the settling co-creditor, and the settling co-creditor may pay them their share in what has been received or their share in the debt.
Interpretation and application must be checked against the official text and current version.