Philippine Bar review · Question

Practice question: Enforcement of Security Interest

Multiple Choice Medium

Practice question

A creditor’s collectors propose entering the grantor’s private residence without permission to repossess collateral. Does Section 47 treat that as peaceful simply because the agreement allows repossession?
  1. Yes, contractual wording permits any entry
  2. Yes, if the collectors arrive early
  3. No, unpermitted private-residence entry is expressly included in breach of the peace
  4. Only the collectors decide
  5. Yes, if the item is expensive

Legal references

  • RA 11057, Section 47: https://lawphil.net/statutes/repacts/ra2018/ra_11057_2018.html

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