OLDEN N OTES 2011 M ERCANTILE L AW T EAM A DVISER A TTY A MADO E T AYAG S

Olden n otes 2011 m ercantile l aw t eam a dviser a

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OLDEN N OTES 2011 M ERCANTILE L AW T EAM : A DVISER : A TTY . A MADO E. T AYAG ; S UBJECT H EAD : E ARL M. L OUIE M ASACAYAN ; A SST . S UBJECT H EADS : K IMVERLY A. O NG & J OANNA M AY D.G. P EÑADA ; M EMBERS : M A . E LISA J ONALYN A. B ARQUEZ , A NGELI R. C ARPIO , A NTONETTE T. C OMIA , A LBAN R OBERT L ORENZO F. D E A LBAN , J OEBEN T. D E J ESUS , C HRIS J ARK A CE M. M AÑO , A NNA M ARIE P. O BIETA , R UBY A NNE B. P ASCUA , F LOR A NGELA T. S ABAUPAN , G IAN F RANCES N ICOLE C. V ILCHES Q: What is meant byonce a week for threeconsecutive weeks ? Q: What happens when the foreclosure sale ispostponed? Q: Is the rule on republication absolute?A:GR: F. POSSESSION BY PURCHASER OF FORECLOSEDPROPERTYQ: Who retains possession of the foreclosedproperty? G. REMEDY OF DEBTOR IF FORECLOSURE IS NOT PROPER Q: What is the remedy of debtor if foreclosure is not proper? H. REDEMPTIONQ: Who may redeem?
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