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Showing 1–3 of 3 articles for “dation in payment”

Valid Dation in Payment: When a Debtor's Creditor Still Has Authority to Settle

Supreme Court explains when a dation in payment is valid even if the creditor assigned its receivables to another party.

Dation in Payment: When Transferring Property Fully Settles a Debt

A bank accepted equipment as full payment of a loan, then sued for more. The Supreme Court explains when dation in payment extinguishes a debt.

Dation in Payment and Perfected Contracts of Sale Under Philippine Law

When is a deposit earnest money? This case explains when a contract of sale is perfected and why a bank's qualified acceptance was only a counter-offer.