Practice question
What must a deficiency judgment state where the remaining balance is not all due?
- The time it becomes due under the original contract
- Only the creditor’s preferred auctioneer
- Only the property’s street color
- Only the borrower’s birthplace
- No maturity information in any case
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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