Practice question
A released-property counterbond later becomes insufficient and the furnishing party fails to file the additional counterbond. Which option does Section 12 give the attaching party?
- Privately seize any person’s assets without court process.
- Automatically acquire ownership of the released property.
- Imprison the debtor through a private letter.
- Treat the debt as conclusively multiplied.
- Apply for a new order of attachment.
Legal references
- Rules of Court, Rule 57 Sections 1-4 and 12-13, attachment grounds, issuance and discharge: https://lawphil.net/courts/rules/rc_1-71_civil.html
- Pilipinas Shell Petroleum Corp. v. Pobre, G.R. No. 259709, August 30, 2023, main decision, distinct attachment requirements and discharge avenues: https://lawphil.net/judjuris/juri2023/aug2023/gr_259709_2023.html
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