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.

Showing 12 of 2 articles for secured transactions

Novation and Insurance Claims: Contractual Obligations in Secured Transactions

When a mortgaged car is carnapped, does insurance payment extinguish the loan? The Supreme Court clarifies novation rules.

Deficiency Judgments in Philippine Foreclosure: Can Banks Recover More After Auction?

Philippine Supreme Court clarifies when banks can collect deficiency after extrajudicial foreclosure of real estate mortgages.