Tag: FORECLOSURE

UNITED COCONUT PLANTERS BANK, substituted by LAND BANK OF THE PHILIPPINES, Petitioner, – versus – EDITHA F. ANG and VIOLETA M. FERNANDEZ, Respondents. (G.R. No. 222448, Resolution promulgated March 03, 2025) (CASE DIGEST)

Facts The case stemmed from an extrajudicial foreclosure sale conducted on August 2, 1999. The underlying dispute concerned the loan granted to the respondents, Editha F. Ang and Violeta M. Fernandez, wherein the interest rates imposed were contested. It was established that the interest rates were imposed unilaterally by the petitioner (UCPB), rendering them unlawful,…
Spouses Reyes vs. Spouses Chung (G.R. No. 228112) (2017)

Facts of the Case The petitioners, Spouses Reyes, defaulted on a loan secured by a real estate mortgage. Consequently, the property was extrajudicially foreclosed and sold at a public auction to the bank, EIBI. The property was later purchased by the respondents, Spouses Chung, who then acquired the title. When the Spouses Reyes refused to…

UNITED COCONUT PLANTERS BANK, substituted by LAND BANK OF THE PHILIPPINES, Petitioner, – versus – EDITHA F. ANG and VIOLETA M. FERNANDEZ, Respondents. (G.R. No. 222448, Resolution promulgated March 03, 2025) (CASE DIGEST)