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Philippine Bar review · Question

Practice question: Suspension of Payments

Multiple Choice Medium

Practice question

An individual seeks the section 96 suspension order against execution over property securing a secured creditor’s claim. Which is correct?
  1. The section excludes property held as security from that suspension order
  2. Every secured claim is automatically erased
  3. A debtor’s motion always defeats every security
  4. Only the debt’s label matters
  5. Security automatically becomes a donation

Legal references

  • https://lawphil.net/statutes/repacts/ra2010/ra_10142_2010.html — RA 10142, sections 94–102

Answer this question in flashcards to review your response and continue practicing.