he is imprisoned at the request of his creditor; should he persist and refuse to sell his property, the judge sells it, settles the debt, and he is not obliged to pay any deferred obligation.1
If a person’s assets do not cover the debts presently due, interdiction becomes mandatory at the petition of his creditors, or of any one of them. It is recommended that the interdiction be made public. Any disposal he carries out with respect to his property after the interdiction2, as well as any acknowledgment he makes regarding it, is void. Whoever, after the interdiction, sells something to him or extends him a loan may reclaim it if he was unaware of the interdiction; otherwise he may not. Should the interdicted person contract a personal obligation or acknowledge a debt or an offense that entails retribution or3 financial compensation, that acknowledgment is valid and he will be answerable for it once the interdiction is lifted. The judge shall sell his property and distribute the proceeds in proportion to the claims of his creditors.
Insolvency does not accelerate a deferred debt, nor does death, provided the heirs4 furnish security in the form of collateral or a solvent guarantor. If a creditor appears after the distribution, he recoups his share from the other creditors. The interdiction may be lifted only by a judge.