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.
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Continuing Suretyship in the Philippines: Liability for Future Debts Explained
Learn how the Supreme Court upheld a surety's liability for future debts under a Continuing Suretyship, and when courts may reduce attorney's fees.
Continuing Security: How Future Debts Can Affect Real Estate Mortgages in the Philippines
The Supreme Court explains how a real estate mortgage can secure future loans, not just the original debt, through continuing guaranty clauses.
Dragnet Clauses in Mortgages: When Future Debts Are Secured Beyond the Initial Loan
Philippine Supreme Court explains how dragnet clauses in real estate mortgages cover future debts, and what borrowers must pay to redeem foreclosed property.
Dragnet Clauses in Mortgages: Limits on Securing Future Debts with Existing Collateral
Philippine Supreme Court clarifies when a dragnet clause in a real estate mortgage covers future loans, and when separate security prevails.
Surety Agreements for Future Debts: Validity Under Philippine Law
Philippine Supreme Court ruling on suretyship for future debts, continuing guaranty, and surety liability despite principal debtor's rehabilitation.
Continuing Suretyship for Future Debts and Assignment Without Debtor's Consent
Philippine Supreme Court ruling on continuing suretyship agreements, validity of assignments without debtor consent, and trust receipt remedies.
Continuing Surety Agreements Can Validly Cover Future Debts in the Philippines
Philippine Supreme Court clarifies that continuing surety agreements validly secure future debts, even if no principal obligation exists at signing.
Chattel Mortgage and Future Debts: What Philippine Law Allows
Can a chattel mortgage secure debts incurred after its execution? The Supreme Court explains the limits under the Chattel Mortgage Law.