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Milagros Simon, et al. vs. Guia W. Canlas.

MILAGROS SIMON and LIBORIO BALATICO, Petitioners, versus GUIA W. CANLAS, Respondent.

G.R. NO. 148273 | 2006-04-19

FIRST DIVISION

D E C I S I O N


AUSTRIA-MARTINEZ, J.: 

Before the Court is a petition for review on certiorari of the Decision [1] of the Court of Appeals (CA) dated May 23, 2001 in CA-G.R. CV No. 62789 which affirmed the Decision of the Regional Trial Court (RTC), Branch 65, Tarlac City dated July 31, 1998 in Civil Case No. 7384. 

The factual background of the case is as follows: 

On February 11, 1991, Edgar H. Canlas (Edgar) filed a complaint for judicial foreclosure of real estate mortgage against Milagros Simon (Milagros) and her husband, Liborio Balatico (petitioners). In the complaint, Edgar alleges that: on September 10,...