Philippine Bar review · Topic
Deficiency Judgment; Recovery of Deficiency
Explore Deficiency Judgment; Recovery of Deficiency in Foreclosure (Rules of Court, Rule 68; Act 3135, as amended by Act 4118; RA 8791, Sec. 47) for the…
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Practice questions
- What is the deficiency in a real estate mortgage foreclosure context? Multiple Choice Easy
- How is a deficiency judgment ordinarily sought in a judicial foreclosure under Rule 68 section 6? Multiple Choice Easy
- After completed extrajudicial foreclosure, what is the ordinary procedural route for a recoverable deficiency? Multiple Choice Easy
- The proved debt and proper charges total ₱2,000,000. Net proceeds properly applicable from a valid foreclosure total ₱1… Multiple Choice Medium
- Mara mortgages her land solely to secure Nilo’s loan. She neither borrows nor assumes personal debt liability or a guar… Multiple Choice Medium
- In a deficiency suit, the defendant defaults. The creditor offers only an unsupported demand figure and no competent pr… Multiple Choice Hard
- A creditor forecloses one real estate mortgage securing a single loan and, while that foreclosure is pending, brings a … Multiple Choice Hard
- Compare the procedure for a deficiency after judicial foreclosure with the ordinary separate-action route after extraju… Essay Medium
- Explain the proof required for a deficiency claim under Prieto and why a defendant’s default does not justify awarding … Essay Medium
- A third-party landowner gives only a mortgage to secure a borrower’s loan and assumes no personal obligation. Explain w… Essay Medium
- Under Rule68 Section6, is execution on a deficiency necessarily immediate if part of the balance is not yet contractual… Multiple Choice Easy
- What must a deficiency judgment state where the remaining balance is not all due? Multiple Choice Easy