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Philippine Bar review · Question

Practice question: Garnishment of Deposits, Including Foreign Deposits

Essay Medium

Practice question

Explain why Salvacion should not be cited as authority for garnishing every foreign-currency deposit whenever a creditor obtains judgment.

Legal references

  • RA 6426 Section 8,as amended by PD 1246 Section 2: https://lawphil.net/statutes/presdecs/pd1977/pd_1246_1977.html
  • Salvacion v Central Bank,GR 94723,August 21 1997,main opinion: https://lawphil.net/judjuris/juri1997/aug1997/gr_94723_1997.html

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