Title
Supreme Court
Spouses Louh, Jr. vs. Bank of the Philippine Islands
Case
G.R. No. 225562
Decision Date
Mar 8, 2017
BPI sued Spouses Louh for unpaid credit card debt; default declared due to late Answer. SC upheld debt but reduced excessive charges (3.5% & 6% to 12% p.a.) and attorney’s fees (25% to 5%).

Case Summary (G.R. No. 225562)

Petitioner and Respondent

Petitioners: William C. Louh, Jr. and Irene L. Louh
Respondent: Bank of the Philippine Islands

Key Dates

• October 14, 2009 – Spouses Louh first failed to settle their credit card balance.
• August 7, 2010; January 25, 2011; May 19, 2011 – BPI demand letters issued.
• August 4, 2011 – BPI filed a collection suit in the Makati City RTC.
• February 27, 2012 – RTC granted 15-day extension to file an answer (until March 4, 2012).
• July 20, 2012 – Spouses Louh filed an answer, more than three months late.
• July 24, 2012 – RTC declared the Spouses Louh in default and set ex parte presentation.
• November 29, 2012 – RTC rendered judgment ordering payment of P533,836.27 plus annual charges and attorney’s fees.
• April 8, 2013 – RTC denied Spouses Louh’s motion for reconsideration.
• August 11, 2015 – Court of Appeals (CA) affirmed the RTC decision.
• May 23, 2016 – CA denied Spouses Louh’s motion for reconsideration.
• March 8, 2017 – Supreme Court resolution.

Applicable Law

• 1987 Constitution (decision after 1990)
• Rules of Civil Procedure, Rule 9, Section 3 (default and relief therefrom)
• Civil Code of the Philippines, Article 1229 (equitable reduction of penalties)
• Civil Code of the Philippines, Article 2227 (equitable reduction of liquidated damages)
• Central Bank Circular No. 905-82 (removed statutory ceiling on interest rates)

Factual Background

The Spouses Louh regularly used and paid their credit cards until October 14, 2009, when they ceased payment. By August 15, 2010, their balance stood at P533,836.27. Despite written demands, the debt remained unpaid.

Procedural History

BPI filed for collection in August 2011. The Spouses Louh sought an extension to answer but failed to comply by March 4, 2012. Their belated answer on July 20, 2012, came after a default order. They did not move to set aside the default. The RTC conducted an ex parte hearing, issued a decision reducing the monthly charges to 1% (from 3.5% and 6%) but otherwise awarding full relief, including 25% attorney’s fees. The CA affirmed in toto.

Issue

Whether the Court of Appeals erred in affirming the RTC decision given the Spouses Louh’s procedural default, evidentiary sufficiency, and alleged unconscionable charges.

Procedural Default and Relaxation of Rules

Under Rule 9, Section 3, failure to answer within the reglementary period warranted a default declaration. A defaulting party may file a motion to set aside upon showing excusable negligence and a meritorious defense. The Spouses Louh never sought such relief. Citing Magsino v. De Ocampo, the Court held that rules may be relaxed only for compelling reasons and a reasonable attempt at compliance. The heart bypass surgery of William Louh did not constitute excusable negligence sufficient to merit relief from default.

Evidentiary Sufficiency

BPI presented: (1) delivery receipts and signed card agreements; (2) computer-generated Statements of Account (SOAs); (3) demand letters acknowledged by the Spouses Louh; and (4) a judicial affidavit of an account specialist. The Spouses Louh admitted the debt’s existence. Having slept on their rights, they could not later challenge the evidence. Dismissing or remanding the case would unjustly penalize BPI and prolong proceedings, per Macalinao v. BPI.

Unconscionable Charges and Equitable Reduction

Interest and penalty rates above 3% per month are deemed iniquitous and unconscionable. In Macalinao, the Court reduced 3.25% interest and 6% penalty to 12% each per annum. Article 1229 permits equit

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