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Aurora de Leon vs. Court of Appeals, et al.

AURORA DE LEON, petitioner vs. COURT OF APPEALS, and CITIBANK, N.A. (Manila Branch), INTEGRATED CREDIT & CORPORATE SERVICES COMPANY, ET AL., respondents.

G.R. No. 123290 | 1997-08-15

D E C I S I O N


DAVIDE, JR., J.:

May a judgment debtor dispute the validity of the execution sale of properties belonging to him at the time of the attachment thereof but which were later sold by him in favor of a third person? This is the basic issue presented before this Court for resolution.

On 8 October 1990, petitioner Aurora de Leon applied for and was granted by private respondent Citibank, N.A., Manila Branch (hereafter Citibank) a credit line facility under its Ready Credit Line System. It was stipulated that the petitioner could draw from the line "an amount not exceeding her available balance," i.e., the sum of the initial...