Philippines  |  Intellectual Property

Legal Question

Asked on: 7/07/13, 6:13 am

our mortgage due on april 15, 2013 but we were advised to pay only the interest we paid in may but not in full now they were trying to threaten us that if we do not pay on July 8, 2013 they will foreclose our property but we were asking to give us more two weeks

1 Answer

Answered on: 7/07/13, 6:11 pm by VOLTAIRE T. DUANO

Its up to the bank if they can agree on your terms. But they have the right to foreclose the mortgaged property.

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VOLTAIRE T. DUANO LAW OFFICE 9th Floor Suit 9N Future Point Plaza 3 No. 111 Panay Avenue, South Triangle, Que Quezon City, 1103

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