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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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Sep 12, 2008 loan restructuring mortgage release dacion en pago collateral banking law contract law

Loan Restructuring vs Mortgage Release: When Must a Bank Return Collateral?

When a borrower restructures a loan and assigns property as partial payment, is the bank obliged to release other collateral? The Supreme Court explains.