ASSIGNMENT PART TWO

1. What is an affidavit of good faith, explain its significance in the chattel

mortgage?
2. What is the legal ramification there is affidavit of good faith in a chattel
mortgage, explain with legal basis.
3. What is the purpose of an affidavit of good faith in a chattel mortgage?
4. Discuss exhaustively the case of Cebu International Finance Corp. vs. CA,
GR No. 107554
5. What are the characteristics of a chattel mortgage?
6. Distinguish a contract of Chattel Mortgage from a Contract of Pledge?
7. Distinguish a contract of Chattel Mortgage from a contract Real Estate
Mortgage?
8. What is the proper subject matter of the CHATTLE MORTGAGE?
9. Is this an absolute rule?
10. Discuss exhaustively the case of Navarro vs. Pineda, 9 SCRA 631
(1963) and case of Tumulad vs. Vicencio, 41 SCRA 143 (1971)
11. What are ‘AFTER-ACQUIRED PORPERTIES”?
12. What are “AFTER-INCURRED OBLIGATIONS”?
13. Where should a chattel mortgage be registered to bind 3rd persons?
14. Is registration of a chattel mortgage in the chattel mortgage register
necessary for the validity of the contract?
15. Is an unregistered chattel mortgage valid and binding?
16. Discuss the case of Filipinas Marble Corp. vs. IAC, May 30, 1986
17. What is meant by the term FORECLOSURE?
18. What are the kinds of FORECLOSURE?
19. Provide and explain the procedure undertaken in a Judicial Foreclosure?
20. What are the remedies available to the CREDITOR in a foreclosure?
21. What is Insolvency?
22. Exhaustively distinguish Voluntary Insolvency from Involuntary insolvency.
23. What is meant by SUSPENSION OF PAYMENTS?
24. What are the existing rights and obligations of the parties in:
A. Voluntary Insolvency
B. Involuntary Insolvency
C. Suspension of Payments

25. Explain and properly illustrate the procedure undertaken in a

A. Voluntary Insolvency
B. Involuntary Insolvency
C. Suspension of Payments
26. What is meant by Antichresis?
27. What are the characteristics of a Contract of Antichresis?
28. Distinguish Antichresis from Pacto De Retro Sale?
29. Distinguish Antichresis from Pledge?
30. Distinguish Antichresis from Mortgage
31. State the Rights of an Antichretic Creditor?
32. State the Obligations of an Antichretic Creditor?
33. What is meant by Concurrence of Credits?
34. What is meant by Preference of Credits?
35. What is meant by the term LIEN?
36. What is meant by the term preference?
37. When is the Rule on Preference of credit applicable?
38. What is the order of payment to be followed if the debtor’s assets have been
liquidated for payment of his debts?
39. What is the general rule with respect to payment of debts by the debtor?
40. What are the exceptions
41. State the purposes of the Insolvency Law?
42. What are the kinds of Insolvency Proceedings?
43. Distinguish Voluntary Insolvency Proceeding from Involuntary Insolvency
Proceed
44. What is meant by the “date of cleavage”? Illustrate.
 45. What is the Double Indemnity Rule?

Atty Porfie’s Personal Message: More to come.... ENJOY!!!!

FORMAT:
Word document name: Surname, First Name, M.I._Assignment Part 2
Font: TNR
Size: 12
Margin: 1” on all sides
Paper: Long Bond (8.5 x 13”)

IMPORTANT:
NO NEED TO PRINT
Please send it to my email: aprilpualengco@gmail.com
Deadline: 25 April 2018; Wednesday; 11:59PM