This case has been cited 1 times or more.
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2006-07-31 |
CALLEJO, SR., J. |
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| In a letter[11] dated December 7, 1983, Antolo inquired how much his loan account with the bank was, including accrued interests, to enable him to "redeem" his title. The bank replied via a letter[12] dated December 20, 1983, informing Antolo that his loan account had already been paid on August 29, 1977, as evidenced by Official Receipt No. 5280, and that consequently, the owner's duplicate of his title had already been released. In a letter[13] dated January 10, 1984, Antolo informed RBS that he had no knowledge that his loan account had been paid and the owner's duplicate of title over the mortgaged property released. Antolo furnished the Central Bank of the Philippines with a copy of his letter. | |||||