G.R. No. L-25140 - Universal Motors Corp. vs. Velasco

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G.R. No. L-25140: Universal Motors Corp. vs. Velasco

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Title Supreme Court: Universal Motors Corp. vs. Velasco

Case: G.R. No. L-25140

Decision Date: Jul 15, 1980

Buyer defaulted on truck payments; seller repossessed via replevin. Court ruled buyer personally liable for repossession expenses, not limited to foreclosure sale proceeds.

truck

possession

auction sale

Short 10 min

0.6x of typical case length

END