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Sps. Jayag vs. BDO, et. al.

JOSE P. JAYAG AND MARILYN P. JAYAG, PETITIONERS, VS. BDO UNIBANK, INC., EX-OFFICIO SHERIFF, AND/OR ASSIGNED SHERIFF, RESPONDENTS.

G.R. No. 222503 | 2021-09-14

FIRST DIVISION
 
DECISION
 
GESMUNDO, C.J.:
 
After a thorough review of the available records and relevant law and jurisprudence, this Court resolves to DENY the present Petition for Review[1] under Rule 45 of the Rules of Court assailing the January 18, 2016 Decision[2] of the Court of Appeals (CA) in CA-G.R. SP No. 140591 for failure to show any reversible error committed by the CA.
 
Antecedents

In 2005, spouses Jose P. Jayag and Marilyn P. Jayag (petitioners) applied for and were granted a loan in the amount of P1,700,000.00 from the Rural Bank of San Juan, Inc. (RBSJ), with stipulated interest of 18% per...