Set-off

The debtor may stand discharged of his debt by set-off with another that the creditor owes to him, on following terms: 1. Where the one and the other debt are ascertained; 2. Where the one and the other equally, may be demanded; 3. Where the debts consists of sums of money or consumable things of the same type and quality; or if some consist of sums of money and others consist of things whose value may be ascertained, as provided in last part paragraph I of this article. § 1 - Ascertained debt is that in respect of which the amount is ascertained or can be ascertained within a period of nine days. § 2 - A debt is said to be enforceable when its payment may be demanded through Court.