DACION

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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 1248054
                    [Title] => NHMFC: Quake victims get 6-mos moratorium
                    [Summary] => 
Earthquake victims in Cebu and Bohol, who are borrowers of the National Home Mortgage Finance Corporation (NHMFC), may now avail of a 6-months moratorium on payment amortization.

                    [DatePublished] => 2013-10-22 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1526426
                    [AuthorName] => Mitchelle L. Palaubsanon
                    [SectionName] => Cebu News
                    [SectionUrl] => cebu-news
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 424260
                    [Title] => Unperfected deal
                    [Summary] => 
Dacion en pago is one of the modes of extinguishing an obligation. It partakes of the nature of a contract of sale whereby the property is alienated to the creditor in satisfaction of a debt in money.
                    [DatePublished] => 2008-12-17 00:00:00
                    [ColumnID] => 133340
                    [Focus] => 0
                    [AuthorID] => 1804883
                    [AuthorName] => Jose C. Sison
                    [SectionName] => Opinion
                    [SectionUrl] => opinion
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 65551
                    [Title] => No clear legal right
                    [Summary] => 
            
                    [DatePublished] => 2008-06-03 00:00:00
                    [ColumnID] => 133340
                    [Focus] => 0
                    [AuthorID] => 1804883
                    [AuthorName] => Jose C. Sison
                    [SectionName] => Opinion
                    [SectionUrl] => opinion
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 342701
                    [Title] => Ramcar trims debt to P500M, climbs out of receivership
                    [Summary] => The Ramcar Group, a manufacturer of a local line of batteries including Motolite and Oriental, is now out of receivership following the successful implementation of a court-approved rehabilitation program which resulted in the reduction of its debt to less than P500 million from a high of P7.6 billion in 2001.


A local court issued an order terminating rehabilitation proceedings after the terms of the second amended rehabilitation plan, as approved on August 23, 2003, were fully and successfully implemented by the Ramcar Group and its creditors. 


                    [DatePublished] => 2006-06-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 159862
                    [Title] => SEC clears P1-B dacion  deal for Uniwide
                    [Summary] => The Securities and Exchange Commission (SEC) has given the go-signal for a combination of sale and dacion en pago arrangement involving about P1.046 billion in assets of the debt-laden Uniwide Group.


In an order, the commission en banc approved a dacion en pago deal with the Land Bank of the Philippines consisting of 12 properties with a total dacion value of P634.9 million.


                    [DatePublished] => 2002-05-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 140962
                    [Title] => Four banks amenable to Ramcar’s dacion en pago offer
                    [Summary] => Four of Ramcar Inc.’s 19 creditor banks said they are amenable to the company’s dacion en pago offer while nine others are considering it, a ranking official of the company said the other night.


Saying the company is not interested in taking in a strategic partner, Ramcar president Roberto V. Garcia, Ramcar Inc.  they are capable of paying their debts with all the "profitable" real estate properties that they own.


                    [DatePublished] => 2001-11-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

NHMFC: Quake victims get 6-mos moratorium

By Mitchelle L. Palaubsanon | October 22, 2013 - 12:00am

Earthquake victims in Cebu and Bohol, who are borrowers of the National Home Mortgage Finance Corporation (NHMFC), may now avail of a 6-months moratorium on payment amortization.

Cebu News

Unperfected deal

By A LAW EACH DAY (KEEPS TROUBLE AWAY) | By Jose C. Sison | December 17, 2008 - 12:00am

Dacion en pago is one of the modes of extinguishing an obligation. It partakes of the nature of a contract of sale whereby the property is alienated to the creditor in satisfaction of a debt in money.

Opinion

No clear legal right

By A LAW EACH DAY (KEEPS TROUBLE AWAY) | By Jose C. Sison | June 3, 2008 - 12:00am

Opinion

Ramcar trims debt to P500M, climbs out of receivership

By Zinnia B. Dela Peña | June 19, 2006 - 12:00am

The Ramcar Group, a manufacturer of a local line of batteries including Motolite and Oriental, is now out of receivership following the successful implementation of a court-approved rehabilitation program which resulted...

Business

SEC clears P1-B dacion deal for Uniwide

May 6, 2002 - 12:00am

The Securities and Exchange Commission (SEC) has given the go-signal for a combination of sale and dacion en pago arrangement involving about P1.046 billion in assets of the debt-laden Uniwide Group. In an order,...

Business

Four banks amenable to Ramcar’s dacion en pago offer

By Ted P. Torres | November 22, 2001 - 12:00am

Four of Ramcar Inc.’s 19 creditor banks said they are amenable to the company’s dacion en pago offer while nine others are considering it, a ranking official of the company said the other night. Saying...

Business