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AllBar 2024CIVIL LAWIII. PERSONS AND FAMILY RELATIONSK. Property Relations Between Spouses (Family Code, arts. 74-81)3. Judicial Separation of Property - Family Code, arts. 134-142

Question

K. Property Relations Between Spouses (Family Code, arts. 74-81): Judicial Separation of Property (Family Code, arts. 134-142)

Mr. and Mrs. Santiago have been married for 20 years. Due to financial difficulties and disagreements over their joint assets, they are considering taking legal action to separate their properties. In this case, they are contemplating the option of judicial separation of property under the Family Code of the Philippines, specifically Articles 134 to 142.

Based on the given scenario and the provisions of the Family Code regarding judicial separation of property, analyze the following situations:

  1. Under what circumstances may Mr. Santiago file for judicial separation of property?

  2. What are the possible effects and consequences of the judicial separation of property on their assets and liabilities?

  3. Discuss the procedures involved in filing for judicial separation of property and the actions of the court in overseeing the process.



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