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Spouses Torrecampo vs. Wealth Development Bank Corp.

SPS. GEMA O. TORRECAMPO AND JAIME B. TORRECAMP SUBSTITUTED BY HIS HEIRS NAMELY: GAIE MARIE T. OUANO, GAIE ANNAH MARIE T. ARZADON, JEE JASPER O. TORRECAMPO, ELSBETH GAIE MARIE O. TORRECAMPO AND JEE EDSEL O. TORRECAMPO, PETITIONERS, VERSUS WEALTH DEVELOPMENT BANK CORP., RESPONDENT. Present: PERLAS-BERNABE, S.A.J.,* HERNANDO, Acting Chairperson,** ZALAMEDA, ROSARIO, and MARQUEZ, JJ.

G.R. No. 221845 | 2022-03-21

DECISION
 
HERNANDO, J.:
 
This petition for review on certiorari[1] seeks the reversal of the May 27, 2015 Decision[2] and October 6, 2015 Resolution[3] of the Court of Appeals (CA) in CA-G.R. CV. No. 04839. The CA Decision affirmed the June 8, 2012 Order[4] of the Regional Trial Court (RTC), Branch 5 of Cebu City which dismissed petitioners' motion to set aside the extra-judicial foreclosure sale and cancel the writ of possession with prayer for damages for properties covered by Transfer Certificate of Title (TCT) No. 187864, in the name of Gema Ouano Torrecampo, married to Jaime Torrecampo.
 
Factual Antecedents:
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