From the library

Legal Insights

Plain-language guides and case briefs on Philippine law — researched from the firm's law library of 184,000+ statutes, Supreme Court decisions, and agency issuances, and written so non-lawyers can understand and act on them.

Have your own question? Ask ASG Legal AI now.

Get a cited, plain-language answer from 184,000+ statutes and decisions — free, no sign-up.

Ask a question

Showing 1–4 of 4 articles for “assignment of credit”

Sort:Newest Oldest

Mar 25, 2015 civil law debt assumption assignment of credit novation supreme court

Novation Requires Clear Creditor Consent Protecting Banks IN Debt Assumption Cases

Philippine Supreme Court ruling on debt assumption, assignment of credit, and the need for creditor consent under Civil Code.

Mar 11, 2015 assignment of credit assumption of liability receivables condominium hlurb bank liability

Assignment of Credit vs. Assumption of Liability: Clarifying a Bank's Role in Property Development

When a bank buys a developer's receivables, does it inherit the developer's obligations to buyers? The Supreme Court clarifies the distinction.

Dec 7, 2001 civil-law suretyship trust-receipts assignment-of-credit obligations-and-contracts jurisprudence

Upholding Contractual Obligations: The Imperative of Timely Performance in Compromise Agreements

A Supreme Court ruling on continuing suretyship, assignment of credit, and trust receipts—clarifying that debtors cannot escape liability through technical defenses.

Jun 19, 2001 financing-company assignment-of-credit foreclosure deficiency commercial-law credit-transactions

Financing Companies and Assignment of Credit: Deficiency Claims After Foreclosure

Explaining Project Builders v. IFC: how financing company assignments of credit work, and why foreclosure doesn't bar deficiency claims.