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Plain-language guides and case briefs on Philippine law — researched from the firm's law library of 184,000+ statutes, Supreme Court decisions, and agency issuances, and written so non-lawyers can understand and act on them.

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Jun 23, 2005 prescription civil law debt collection accrual of action demand china banking corporation

Accrual of Action: Demand as the Starting Point for Prescription in Debt Recovery

When does the prescriptive period for collecting a debt begin? The Supreme Court clarifies that demand, not maturity, starts the clock.