Cap. 13 Art. 525Where debt agreement provides for the abatement of personal debts.

If the debt agreement provides for the abatement of all or any part of a personal debt, the bankrupt shall be discharged, even as regards his future property, from the part abated:

Provided that such abatement and any time granted to the bankrupt for the payment of the personal debt shall not operate in favour of any other person, being a co-debtor or surety jointly and severally liable with the bankrupt.