Practice question
A final judgment creditor serves a proper garnishment on the debtor's peso account. The bank invokes only RA 1405 and identifies no independent exemption. Which is best?
- Secrecy alone always defeats execution
- The bank must destroy its records
- The debtor may unilaterally overrule the court
- Ortega permits compliance with proper garnishment notwithstanding that secrecy objection
- Every employee must pay the judgment personally
Legal references
- China Banking v Ortega,GR L-34964,January 31 1973,main opinion: https://lawphil.net/judjuris/juri1973/jan1973/gr_34964_1973.html
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