Practice question
An ordinary livelihood tool otherwise falls within Section13, but execution is on a judgment recovered for that very tool’s unpaid price. Which is best?
- The category necessarily defeats the price judgment
- The creditor may seize every unrelated asset without limit
- The debtor may privately erase the price debt
- The tool becomes a family home
- Section13 expressly removes its listed exemption for execution on a judgment recovered for its price
Legal references
- Rule39 Section13, final paragraph: https://lawphil.net/courts/rules/rc_1-71_civil.html
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