G.R. No. 213673 - Philippine National Bank vs. Fontanoza

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G.R. No. 213673: Philippine National Bank vs. Fontanoza

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Title Supreme Court: Philippine National Bank vs. Fontanoza

Case: G.R. No. 213673

Decision Date: Mar 2, 2022

Spouses Fontanoza defaulted on a PNB loan, leading to foreclosure. PNB acquired the property at auction, and the RTC granted a writ of possession. Alma’s opposition, citing a repurchase agreement, was denied as the writ had become final. SC upheld PNB’s right to possession, ruling the writ issuance ministerial and final.

writ of possession

redemption period

separate civil case

Long 25 min

1.5x of typical case length

END