No, Settled is the rule that the period within which to redeem the property sold at a sheriff’s sale is not suspended by the institution to annul the foreclosure sale (Metrobank vs. Sps. Tan, G.R. No. 178449, October 17, 2008).
Is the filing of the annulment of sale toll the 1 year redemption period?
- Category: Mercantile Law Jurisprudence