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ROSEMARIE LATORRE v. LEONARDO P. ANSALDO

This case has been cited 1 times or more.

2013-12-04
PERLAS-BERNABE, J.
Petitioners failed to settle their obligations under the aforementioned promissory note and trust receipts, hence, Allied Bank, through counsel, sent them demand letters,[20] all dated December 10, 1998, seeking payment of the total amount of P51,064,093.62, but to no avail. Thus, Allied Bank was prompted to file a complaint for collection of sum of money[21] (subject complaint) against petitioners before the RTC, docketed as Civil Case No. 00-1563.