G.R. No. 256924 - Spouses Veloso vs. Banco de Oro Unibank, Inc.

Spouses Veloso vs. Banco de Oro Unibank, Inc.

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Title Supreme Court: Spouses Veloso vs. Banco de Oro Unibank, Inc.

Case: G.R. No. 256924

Decision Date: Jun 14, 2023

Spouses Veloso defaulted on loans, prompting BDO to foreclose mortgaged properties. Their suit to nullify foreclosure was dismissed for lack of jurisdiction due to failure to allege assessed property value.

mortgage contract

foreclosure proceedings

lack of jurisdiction

Very Long 30 min

END