Title
Spouses Rosario vs. Government Service Insurance System
Case
G.R. No. 200991
Decision Date
Mar 18, 2021
NSJBI defaulted on a Php 600M loan from GSIS, leading to foreclosure. GSIS sought a writ of possession, but third-party buyers intervened. SC ruled writ cannot issue ex-parte against adverse possessors, requiring a hearing to protect buyers' rights under Maceda Law and P.D. 957.
Very Long 49 min

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