Title
Bank of the Philippine Islands vs. Domingo
Case
G.R. No. 169407
Decision Date
Mar 25, 2015
A 1993 car loan default led to a dispute over novation and excessive interest. SC ruled no novation, reduced interest, and limited heirs' liability to inherited estate.
A

Case Summary (G.R. No. 241437)

Relevant Dates and Documents

Promissory Note and Deed of Chattel Mortgage executed September 27, 1993. Default period: January 15, 1996 to September 15, 1997 (21 installments). Deed of Sale with Assumption of Mortgage executed July 5, 1994 (between Mercy and Carmelita). Merger of FEBTC into BPI approved by SEC on April 7, 2000. BPI filed Complaint for Replevin and Damages on November 14, 2000. MeTC decision: June 10, 2004 (order modified September 6, 2004). RTC decision reversing MeTC: February 10, 2005. Court of Appeals decision affirming RTC with modification: July 11, 2005 (resolution denying reconsideration August 19, 2005). Supreme Court decision: March 25, 2015.

Transaction and Security Instrument

The spouses Domingo executed a promissory note for P629,856.00 payable in 48 monthly installments and concurrently executed a chattel mortgage over a 1993 Mazda 323 to secure the obligation. Makati Auto Center, Inc. assigned the note and mortgage to FEBTC. No new promissory note or chattel mortgage in the name of Carmelita was produced in the record.

Corporate Merger Transferring Rights

FEBTC later merged into BPI; by virtue of the merger BPI succeeded to FEBTC’s assets and liabilities, including its rights under the assigned promissory note and chattel mortgage. BPI pursued enforcement of the loan after the spouses’ default.

Default, Demand and Complaint

The spouses failed to pay 21 consecutive installments. BPI (as FEBTC’s successor) sent demand letters seeking payment of the loan balance or return of the vehicle for foreclosure. After noncompliance, BPI filed suit for replevin and damages (alternative: collection of sums, interest, charges, and attorney’s fees), naming a John Doe because the vehicle was then in the possession of a third party.

Defenses Raised by the Spouses Domingo

Affirmative defenses included lack of cause of action, lack of jurisdiction, need to serve John Doe by publication, and the assertion that Mercy sold the vehicle to Carmelita with the bank’s conformity and that the buyer assumed the mortgage (implying novation or substitution of debtors).

Trial Evidence Presented by Plaintiff (Magpusao)

BPI’s witness Magpusao testified regarding the original promissory note, the chattel mortgage, the assignment to FEBTC, the spouses’ default, demand letters, and the account balance (P275,562.00 as of October 31, 2000, exclusive of interest and charges). He acknowledged he began handling the account in 1997, had access to records, admitted FEBTC did not turn over all records to BPI, and that some checks allegedly representing payments by the new buyer were missing or only partly documented by photocopy.

Testimony of Respondent Amador Domingo

Amador testified that Mercy sold the car to Carmelita who assumed the mortgage; that Carmelita furnished a notarized deed of sale and issued checks to FEBTC; that postdated checks issued by Mercy were returned; that they received verbal assurances (by phone) from a FEBTC representative that papers were in order; and that no demand was made by FEBTC during the period Carmelita allegedly made payments. Amador admitted lack of personal knowledge of the bank dealings (his wife and Carmelita primarily transacted with FEBTC) and that the returned postdated checks had been discarded.

Metropolitan Trial Court Ruling

MeTC found BPI established a valid cause of action and ruled against Amador. The court applied the rule that novation is never presumed and requires express release of the original debtor; absent express release, a third person who assumes the obligation becomes a co-debtor or surety. MeTC awarded monetary reliefs: P275,562.00 with 36% interest per annum from November 15, 2000, 25% attorney’s fees later reduced to 10%, and costs of suit (later modified to 10% attorney’s fees).

Regional Trial Court and Court of Appeals Decisions

The RTC reversed the MeTC, finding novation by delegacion based on implied consent of the creditor, citing FEBTC/BPI’s alleged knowledge of the deed, acceptance of payments from Carmelita, return of the spouses’ checks, and delay in demanding payment. RTC awarded moral, exemplary damages, attorney’s fees and litigation expenses to Amador. The Court of Appeals affirmed the RTC’s finding of novation but deleted awards of moral/exemplary damages and attorney’s fees for noncompliance with requirements for reasoned decisions and lack of factual/legal justification, and also deleted litigation expenses and costs of suit.

Legal Principles on Novation Applied by the Supreme Court

The Court reiterated established doctrine: novation by substitution of debtor (expromision or delegacion) requires the creditor’s consent; while traditionally consent must be express, jurisprudence (e.g., Asia Banking) allows that consent may be inferred from clear and unmistakable acts of the creditor, but novation is never presumed and must be shown by express agreement or acts of equal import. The burden of proving novation rests upon the party asserting it.

Supreme Court’s Factual Findings and Evidentiary Analysis

The Supreme Court conducted a factual review justified by recognized exceptions (e.g., misapprehension of facts, conflicting findings). It found no express consent of BPI/FEBTC and concluded that the RTC and CA were incorrect to infer consent from the bank’s alleged knowledge of the deed, acceptance of payments, and delay in demanding payment. The Court emphasized that possession of the deed in the bank’s file does not equate to the bank’s conformity where the deed itself expressly states the parties would seek the mortgagee’s conformity, and no formal conformity was produced.

Novation Not Established — Effect of Payments and Return of Checks

The Court held that acceptance of payments by the creditor from a third person,

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