Small Claims Rule
SMALL CLAIMS Going to court and suing has been very expensive and slow, especially only for collection of a small amount of money. The Supreme Court promulgated the Rule of Procedure for Small Claims (A.M. No. 08-8-7-SC) . This covers all claims for payments or reimbursements for a sum of money not exceeding P 100,000.00. The claim covers payment or reimbursement arsing from unpaid loan, purchase price of a product or service, value of a stolen or damaged property, amount claimed as damages, etc. Note that in computing the amount the interest and cost of the suit is not included. The Small Claims Court (SCC) has jurisdiction over this cases, however, the rule did not create new courts but merely designated Metropolitan Trial Courts, Municipal Trial Court in Cities, Municipal Circuit Trail Courts and Municipal Trial Courts also known as the first-level courts as Small Claims Courts. Another is that there is no need for the person instituting the Small Claim suit to acquire ...