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Eduardo Jalandoni vs. Philippine National Bank

EDUARDO JALANDONI (deceased), substituted by ROGELIA R. JALANDONI, BRENDA R. TAYAG, ARTHUR JALANDONI, DEANNA J. FELICIANO and SUSAN R. JALANDONI, petitioners, vs. PHILIPPINE NATIONAL BANK and COURT OF FIRST INSTANCE OF NEGROS OCCIDENTAL, Silay City Branch I, respondents.

G.R. No. L-47579 | 1981-10-09

D E C I S I O N


AQUINO, J.:

May the judgment debtor's land, which was levied upon within five years from the entry of judgment, be sold at an execution sale after the expiration of the ten-year period for enforcing the judgment? That legal issue arises under the following facts:

On March 31, 1959, the Court of First Instance of Manila rendered a judgment ordering Eduardo Jalandoni to pay the Philippine National Bank the sum of P63,297.53, together with daily interest of P12.57 from March 6, 1959 until fully paid, and ten percent of the total amount due as attorney's fees, plus the costs (Civil Case No. 38393).

That judgment became...