Philippine Bar review · Topic
Deficiency Judgment; Recovery of Deficiency
Page 2 of practice questions on Deficiency Judgment; Recovery of Deficiency in Foreclosure (Rules of Court, Rule 68; Act 3135, as amended by Act 4118; RA…
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Practice questions
- If properly applied foreclosure proceeds fully satisfy the proved recoverable debt, is a further unpaid deficiency esta… Multiple Choice Easy
- A valid judicial foreclosure yields a surplus after sale costs and the mortgage debt. Junior encumbrancers remain entit… Multiple Choice Medium
- A deficiency judgment includes PHP200,000 contractually due only next year, and no acceleration applies. May the credit… Multiple Choice Medium
- A creditor wins the valid foreclosure auction through a bid credited against the debt. The credit is properly establish… Multiple Choice Hard
- The net proceeds and lawful later payment together satisfy the entire proved recoverable balance after foreclosure. The… Multiple Choice Hard
- Explain Rule68 Section6’s distinction between rendering a deficiency judgment and executing an unmatured balance. Essay Medium
- A creditor acquires the property through a valid bid credited to the debt, then sues for a deficiency. Explain why the … Essay Medium
- Distinguish a foreclosure surplus from a deficiency and identify the Rule68 Section4 treatment of junior encumbrancers. Essay Medium