Beruflich Dokumente
Kultur Dokumente
17, 2010
FACTS:
Petitioners Gerong and Editha Broqueza are employees of Hongkong and Shanghai Banking Corporation (HSBC). They are also members
ISSUE:
W.O.N. the loans of the Sps. Broqueza is a pure obligation and demandable at once even if they were dismissed by HSBC.
HELD:
The RTC is correct in ruling that since the Promissory Notes do not contain a period, HSBCL-SRP has the right to demand immediate
payment.
Art. 1179 of the NCC applies.
The spouses obligation to pay HSBCL-SRP is a pure obligation because they do not contain a period.
Once Editha Broqueza defaulted in her monthly payment, HSBCL-SRP made a demand to enforce a pure obligation.
Despite the spouses Broquezas protestations, the payroll deduction is merely a convenient mode of payment and not the sole source of
Finally, the enforcement of a loan agreement involves debtor-creditor relation founded on contract and does not in any way concern the
employee relations. As such it should be enforced through a separate civil action in the regular courts and not before the Labor Arbiter.