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Showing 1–3 of 3 articles for “article 1484”

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Dec 9, 2005 civil law chattel mortgage article 1484 judicial efficiency foreclosure supreme court

The Price of Delay: Judicial Efficiency and the Right to Speedy Justice in the Philippines

The Magna Financial Services v. Colarina case clarifies the limits of Article 1484 remedies and the importance of timely judicial action.

Dec 9, 2005 chattel mortgage article 1484 foreclosure installment sales deficiency judgment civil code

Choosing Foreclosure Vendor Cant Demand Unpaid Balance After Seizing Property

Philippine Supreme Court ruling: a vendor who forecloses a chattel mortgage cannot also sue for the unpaid balance. Article 1484 explained.

Jul 10, 1996 recto law article 1484 chattel mortgage installment sales deficiency judgment civil code

Recto Law Explained: Deficiency Claims After Chattel Mortgage Foreclosure

Understand Article 1484 (Recto Law) and when sellers can still recover attorney's fees after foreclosing on installment-sold personal property.