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Proven ways in debt collection
No business can survive without sufficient funds, as every action done in its operations generally has corresponding costs attached to it. When it comes to finances, however, one of the most common challenges faced by many businesses is the difficulty of collecting from their debtors the amounts owed to them. So, how is debt collection being carried out?
Will the Recovery of a Carnapped Vehicle Bar an Insurance Claim?
In cases where the insured’s car is wrongfully taken without consent from a service or repair shop—such as for a joyride during which it is destroyed in an accident—the insurer is still liable to pay for the total loss of the vehicle under the theft clause of the policy.
Economic Dependency Test
Under the four-fold test, to establish an employer-employee relationship, four factors must be proven: (a) the employer’s selection and engagement of the employee; (b) the payment of wages; (c) the power to dismiss; and (d) the power to control the employee’s conduct. When the control test is insufficient, the economic realities of the employment are considered to get a comprehensive assessment of the true classification of the worker. (Ditiangkin v. Lazada E-services, G.R. No. 246892, September 21, 2022)
Special Power of Attorney Ends Upon Death of Principal
A Special Power of Attorney (SPA) is automatically extinguished upon the death of the principal, rendering any subsequent acts by the agent void, unless the SPA was constituted in the common interest of the principal and agent, or a third party who accepted the stipulation in his favor.
Is a Written Donation needed to transfer Subdivision Land to a Local Government Unit?
A written donation or formal act is necessary for the transfer of ownership of open spaces and road lots in subdivisions, and the local government cannot simply rely on ordinances or laws alone to assume ownership of the property.
Tired of chasing overdue payments with little success?
Unpaid debts can drain your time, energy, and resources — but there’s a smarter way forward. Join us for the fifth session of "Effective Collection of Debts Without a Lawyer," especially designed for businesses and individuals facing the challenge of unpaid debts.
Requirements to Perfect an Appeal to the National Labor Relations Commission
Appeal means the elevation by an aggrieved party of any decision or award of a lower body to a higher body by means of a pleading which includes the assignment of errors, arguments in support thereof, and the relief prayed for. (Aba v. NLRC, G.R. No. 122627, July 28, 1999)