NHMFC Litigation Fee

Litigation[1] is the process of taking a case through court. The litigation or legal process is most common in civil lawsuits. In litigation, there is a plaintiff (one who brings the charge) and a defendant (one against whom the charge is brought).

If you want to buy a foreclosed property mortgage through NHMFC[2], you are required to pay a ligitation fee. I have known someone who paid a litigation fee of more than 50K for a foreclosed property. There is no question about the fee. The question is, the receipt provided by NHMFC[2] is not an official receipt but a receipt that you can just buy from Recto or anywhere else. Is this a normal practice for NHMFC[2]? Is VP Jojo Binay even aware of this anomaly at NHMFC?

Receipt_Litigation

Where will these litigation fees be going? You guess is as good as my mine. MHFMC officials please explain. Thank you!

References:
[1] http://biztaxlaw.about.com/od/glossaryl/g/litigation.htm
[2] http://www.nhmfc.gov.ph/

3170 = 3238 = 3278

About the Author

Ver Pangonilo
A Filipino Engineer, Registered Professional Engineer of Queensland (RPEQ) - Australia and Professional Electrical Engineer (PEE) - Philippines with extensive experience in concept select, front-end engineering, HV & LV detail design, construction and commissioning of Hazardous and Non-Hazardous Area electrical installations in water and waste water pipeline and pumping facilities, offshore platforms, hydrocarbon process plants and pipelines including related facilities. Hazardous area classification and design certification (UEENEEM015B, UEENEEM016B, UEENEEM017B).
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