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Jun 22, 2015foreclosuredeficiencyreal-estate-mortgageburden-of-proofcompulsory-counterclaimloan-recovery
Foreclosure Deficiencies: The Bank's Burden of Proof in Loan Recovery
In Metrobank v. CPR Promotions, the Supreme Court ruled that a bank must prove the exact deficiency amount after foreclosure, or lose its claim.
Promissory Notes and Specific Denial: Upholding Loan Obligations in Philippine Law
Learn how the Supreme Court ruled on promissory notes, specific denial requirements, and the best evidence rule in loan recovery cases.