Guidelines on collection, forfeiture of bonds

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MEMORANDUM CIRCULAR NO. 06-2006: Guidelines on collection, forfeiture of bonds

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Title Source: Supreme Court: Guidelines on collection, forfeiture of bonds

Law: Memorandum Circular No. 06-2006

Decision Date: Jun 20, 2006

Supreme Court Memorandum Circular No. 6-06 provides guidelines for the collection of confiscated bonds and execution of orders of forfeiture in the Philippines, requiring an inventory of surety bonds, determination of bonds to be confiscated, and the issuance of writs of execution for unsatisfied obligations.

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