Practice question
Under Rule68 Section6, is execution on a deficiency necessarily immediate if part of the balance is not yet contractually due?
- No; execution for that balance follows its contractual maturity
- Yes; every future amount becomes due automatically
- Yes; the creditor alone may invent a maturity date
- Yes; the debtor’s age fixes maturity
- Yes; maturity is irrelevant
Legal references
- Rules of Court: https://lawphil.net/courts/rules/rc_1-71_civil.html Rule68 Sections4–6.
- Spouses Prieto v BPI GR259282 August30,2023 MAIN: https://lawphil.net/judjuris/juri2023/aug2023/gr_259282_2023.html Proved balance and application of sale proceeds.
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