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Spouses Enrique Camacho & Angelina Camacho vs. PNB & Register of Deeds of Tacloban City

SPOUSES ENRIQUE R. CAMACHO AND ANGELINA M. CAMACHO, petitioners, vs. PHILIPPINE NATIONAL BANK AND REGISTER OF DEEDS OF TACLOBAN CITY, respondents.

G.R. No. 136365 | 2001-08-16

D E C I S I O N

PARDO, J.:

Spouses Enrique R. Camacho and Angelina M. Camacho appeal via certiorari from the decision of the Court of Appeals[1] that denied their petition for prohibition to enjoin the Regional Trial Court, Leyte, Tacloban City, Branch 7 from enforcing its Order[2] granting the issuance of a writ of possession after the respondent Philippine National Bank (hereafter, PNB) posted a bond in the amount of five hundred thousand pesos (P500,000.00) in favor of petitioners.

The facts are not disputed.

On May 25, 1995, for failure of petitioners to pay their mortgage indebtedness with PNB, the Provincial Sheriff of Leyte...