Senate Bill No. 2186: Family Home Protection Act of 2014
This bill seeks to provide a 2-year redemption period for family homes sold at foreclosure sale, attachment, or execution, or other personal obligations. This is to emphasize the need to protect and preserve the family home, which is considered as the “sacred symbol” of the Filipino family.
Date filed: 01 April 2014
Author: Senator Ferdinand “Bongbong” R. Marcos, Jr.
Status: Pending in the Committee 05 May 2014