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JurisprudenceG.R. No. 184565 -

G.R. No. 184565 - MANOLITO DE LEON AND LOURDES E. DE LEON, VS. BANK OF THE PHILIPPINE ISLANDS.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 1300
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TL;DR — Ruling

WHEREFORE, judgment is hereby rendered in favor of [respondent BPI] and against [petitioner-spouses] Lourdes E. De Leon and Jose Manolito De Leon, as follows: (i) Ordering [petitioner-spouses] to jointly and severally pay the sum of P130,018.08 plus 5% interest per month as late payment charges from date of default on August 10, 1997, until fully paid; (ii) Ordering [petitioner-spouses] to jointly and severally pay attorney’s fees fixed in the reasonable sum of P10,000.

Decision

Ruling

WHEREFORE, judgment is hereby rendered in favor of [respondent BPI] and against [petitioner-spouses] Lourdes E. De Leon and Jose Manolito De Leon, as follows: (i) Ordering [petitioner-spouses] to jointly and severally pay the sum of P130,018.08 plus 5% interest per month as late payment charges from date of default on August 10, 1997, until fully paid; (ii) Ordering [petitioner-spouses] to jointly and severally pay attorneys fees fixed in the reasonable sum of P10,000.00; and (iii) Ordering [petitioner-spouses] to jointly and severally pay the costs of suit. SO ORDERED.