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Philippines Commercial Litigation Legal Questions answered by Lawyers

Browse our 1 legal question about Commercial Litigation in Philippines and read the lawyer answers, or ask your own questions for free.

Can our company freeze a non-paying distributor's bank accounts before filing a collection lawsuit in the Philippines?
Lawsuits & Disputes Commercial Litigation
Our trading firm delivered over PHP 3,000,000 worth of merchandise to an exclusive distributor who has stopped answering our formal demand letters. We suspect they are actively disposing of company assets and liquidating inventory to avoid paying outstanding liabilities. We want to know if we can file an application for... Read more →
Lawyer answer by Recososa Law Firm

Hello: Yes, your company may seek a writ of preliminary attachment, but technically you cannot obtain a private court ordered freeze of the distributor’s bank accounts before commencing the collection case. Under Rule 57 of the Philippine Rules of Court,...

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