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Showing 1–4 of 4 articles for “accommodation mortgagor”

Surety Agreements: Solidary Liability and Waiver of Rights in Loan Obligations

Philippine Supreme Court ruling on surety liability, accommodation mortgagors, and waiver clauses in loan deficiency claims.

Upholding Contractual Obligations When Clear Terms Prevail Over External Claims

The Supreme Court affirms a rehabilitation plan over creditor objections and allows foreclosure of an accommodation mortgagor's property outside the stay order.

Accommodation Mortgages and Redemption Rights: Limits of Debtor Liability

Philippine Supreme Court ruling on accommodation mortgagors' redemption rights and liability limits under P.D. 694 and Act 3135.

Accommodation Mortgagor's Right to Redeem at Bid Price: Belo v. PNB

The Supreme Court clarifies that an accommodation mortgagor may redeem foreclosed property by paying only the bid price, not the entire loan.