Legal Insights

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.

Showing 12 of 2 articles for collection of sum of money

Prescription Period for Oral Contracts: What Creditors and Debtors Must Know

The Supreme Court clarifies the six-year prescription period for oral contracts and why timely action is critical for creditors and debtors.

Contract Rescission and RTC Jurisdiction: Lessons from Villena v. Payoyo

When rescinding a contract is the primary remedy, the case belongs in the Regional Trial Court—even if the monetary claim is small.