Marian is indebted to Dingdong with P5 MILLION payable on or before January 30, 2021. Despite several demands made by Dingdong to Marian, the latter could not pay and settle her debts as according to her this pandemic had caused a tremendous effect on her business and she could not pay her debts. However on January 15, 2021, Marian sold her investment lots located at Camela Homes Malolos, Bulacan worth P1 Million. Despite that Marian still owne several properties such as: House and lot at Madera Grove Subdivision here in Malolos Bulacan worth – P1.2 million;Innova car- worth P1.8 million;Set of Jewelries –worth P500,000.00;Karyl (debtor of Marian) owed her an unpayable debt worth- P500,000.00.

Answer rating: 100% (QA)

As per Article 1177 the creditors after having pursued the property in possession of the debtor to satisfy their claims may exercise all the rights an... View the full answer