KATARUNGANG PAMBARANGAY - LGRC DILG 10

PROPERTIES EXEMPTED FROM EXECUTION
NOT ALL PROPERTIES MAY BE SOLD AT AN AUCTION. THE
FOLLOWING ARE EXEMPT:
1. THE DEBTOR’S FAMILY HOME.
2. TOOLS AND IMPLEMENTS NECESSARILY USED BY HIM/
HER IN HIS TRADE OR EMPLOYMENT.
3. 2 HORSES, OR 2 COWS OR 2 CARABAOS OR OTHER
BEASTS OF BURDEN SUCH AS THE DEBTOR MAY SELECT
AND ARE NECESSARILY USED BY HIM/HER IN HIS/HER
ORDINARY OCCUPATION.
4. NECESSARY CLOTHING FOR DEBTOR AND FAMILY.
5. HOUSEHOLD FURNITURE AND UTENSILS NECESSARY FOR
HOUSEKEEPING.
6. PROVISIONS FOR INDIVIDUAL OR FAMILY USE SUFFICIENT
FOR FOUR MONTHS.
7. PROFESSIONAL LIBRARIES OF ATTORNEYS, JUDGES,
PHYSICIANS, PHARMACISTS, DENTISTS, ENGINEERS,
SURVEYORS, CLERGYMEN, TEACHERS AND OTHER
PROFESSIONALS.
8. ONE FISHING BOAT, NET AND OTHER FISHING
PARAPHERNALIA OF THE PARTY WHO IS A FISHERFOLK
BY THE LAWFUL USE OF WHICH S/HE EARNS A
LIVELIHOOD.
9. SO MUCH OF THE EARNINGS OF THE PARTY OBLIGED
FOR HIS/HER PERSONAL SERVICES WITHIN THE MONTH
PRECEDING THE LEVY AS ARE NECESSARY FOR HIS/HER
FAMILY’S SUPPORT.
10. ALL MONEYS, BENEFITS, PRIVILEGES OR ANNUITIES,
ACCRUING IN ANY MANNER OR GROWING OUT OF ANY
LIFE INSURANCE NOT EXCEED P100,000.00
11. THE RIGHT TO RECEIVE LEGAL SUPPORT OR MONEY OR
PROPERTY OBTAINED AS SUCH SUPPORT OR ANY
PENSION OR GRATUITY FROM THE GOVERNMENT, AND
12. COPYRIGHTS AND OTHER PROPERTIES ESPECIALLY
EXEMPTED BY LAW.
KATARUNGANG PAMBARANGAY
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