G.R. No. 194272 - Spouses Ibanez vs. Harper

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Title Supreme Court: Spouses Ibanez vs. Harper

Case: G.R. No. 194272

Decision Date: Feb 15, 2017

Spouses borrowed P1.3M, mortgaged property in 1996. Debtors defaulted, mortgagors sought foreclosure. Compromise agreement amended in 2002; spouses failed to comply, leading to execution of sale order. Francisco (creditor) died, heirs substituted; CA reinstated execution order, affirming non-compliance.

valid substitution of parties

implementation of agreement

loan agreement

Very Long 30 min

END