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What is UCPB about?

The respondents borrowed money from UCPB, securing the loan with a mortgage on their property. When respondents defaulted, UCPB foreclosed and purchased the property. Respondents failed to redeem the property within the redemption period, so title transferred to UCPB. UCPB applied for a writ of possession to recover the property, which the lower court granted. The Court of Appeals reversed this decision. The Supreme Court ruled that a writ of possession is properly issued to the purchaser after foreclosure

Author

attymaryjoyordaneza

Language

EN