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What is Estoppel in Hojas vs. PAB Case Analysis about?

The case involves Spouses Hojas who took a loan from Phil. Amanah Bank (PAB) and claimed they made payments that were not fully credited, leading to an extrajudicial foreclosure of their properties. The Court of Appeals ruled that PAB did not violate the principle of estoppel when it conducted a public sale of the properties, as there was no clear representation made by the bank extending the redemption period. Ultimately, the court found that the petitioners failed to exercise their right of redemption, al

Author

PAMELA PARCE

Language

EN