Can I read SPS Reyes vs. BPI Mortgage Dispute on EtoBox?
SPS Reyes vs. BPI Mortgage Dispute by Gedan Tan is a document available to read on EtoBox.
What is SPS Reyes vs. BPI Mortgage Dispute about?
The Supreme Court of the Philippines denied the petition filed by petitioners Francisco and Ruby Reyes assailing the decision of the Court of Appeals. The petitioners executed a real estate mortgage on their property to secure a P15 million loan from respondent BPI Family Savings Bank for Transbuilders Resources and Development Corporation. When Transbuilders failed to pay, BPI restructured the loan by extending the repayment term, but did not cancel the mortgage. The Court found no novation occurred as the
- Author
- Gedan Tan
- Language
- EN