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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

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