Practice question
Does allowance of a Rule86 claim automatically create a lien and payment priority over all estate creditors?
- Yes, every allowed claim becomes a mortgage
- Yes, the first claimant necessarily takes all assets
- No
- Yes, filing alone transfers estate ownership
- No allowed claim can ever be paid
Legal references
- Rule86 Section13: https://lawphil.net/courts/rules/rc_72-109_proceedings.html
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