Philippine Bar review · Topic
Garnishment of Deposits, Including Foreign Deposits
Explore Garnishment of Deposits, Including Foreign Deposits in Secrecy of Bank Deposits (RA 1405; RA 6426, as amended by PD 1035, 1246, and 1453) for the…
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Practice questions
- What did China Banking v Ortega hold about RA 1405 and garnishment to execute a final judgment? Multiple Choice Easy
- What does amended RA 6426 Section 8 expressly provide for protected foreign-currency deposits? Multiple Choice Easy
- Is the general RA 1405 confidentiality rule identical to a universal exemption from execution? Multiple Choice Easy
- A final judgment creditor serves a proper garnishment on the debtor's peso account. The bank invokes only RA 1405 and i… Multiple Choice Medium
- An ordinary contract creditor seeks the same treatment for a protected foreign-currency deposit solely because peso dep… Multiple Choice Medium
- A creditor has a valid judgment on an ordinary business loan and finds a protected dollar deposit. The creditor cites S… Multiple Choice Hard
- In enforcing a final judgment, a sheriff properly directs a bank to identify and hold the debtor's peso deposit. A bank… Multiple Choice Hard
- Distinguish deposit confidentiality from exemption from garnishment. Essay Medium
- Explain why Salvacion should not be cited as authority for garnishing every foreign-currency deposit whenever a credito… Essay Medium
- A creditor asks a bank to pay the debtor's peso balance solely on a demand letter, citing Ortega. Explain the missing d… Essay Medium
- Under Rule39 Section9(c), the amount covered by garnishment is limited to what? Multiple Choice Easy
- How soon must the garnishee make the written report specified by Rule39 Section9(c) after service of the notice of garn… Multiple Choice Easy