Practice question
Under Rule 68 Section 6, what basis is required for deficiency judgment against the defendant?
- Mere ownership of collateral always suffices.
- Only the plaintiff’s preferred label.
- Personal liability for that balance shown by the record.
- Every third-party mortgagor automatically borrowed the money.
- No remaining balance is ever required.
Legal references
- Civil Code Articles2052,2056-2057,2066,2071-2084 and2126-2130: https://lawphil.net/statutes/repacts/ra1949/ra_386_1949.html
- Rules of Court Rule68 Sections3-6: https://lawphil.net/courts/rules/rc_1-71_civil.html
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