Philippine Bar review · Question

Practice question: Judicial Foreclosure

Multiple Choice Hard

Practice question

A third-party mortgagor pledged its land to secure another person's debt but the record does not establish its personal liability for the deficiency. The creditor demands a personal deficiency judgment solely because the party mortgaged the property. What must the court examine under Section 6?
  1. Mortgaging land always creates unlimited personal liability.
  2. The auction price alone proves personal liability.
  3. Whether the record shows that the particular defendant is personally liable for the balance.
  4. Only the creditor's private preference.
  5. Whether the sheriff wants a larger writ.

Legal references

  • https://lawphil.net/courts/rules/rc_1-71_civil.html — Rule 68, Sections 1–4 and 6.

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