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UCPB Foreclosure Case: Tolosa Ruling by Juno Geronimo is a document available to read on EtoBox.

This case involves a dispute over property between spouses Tolosa and United Coconut Planters Bank (UCPB) after the spouses defaulted on a loan. UCPB foreclosed on properties pledged as collateral and became the highest bidder, then filed to consolidate ownership. However, the spouses opposed issuance of a writ of possession, arguing the loan agreements were invalid. The regional trial court agreed but the court of appeals reversed, finding the writ issuance was a ministerial, non-discretionary act. The Sup

Author

Juno Geronimo

Language

EN