Bouncing checks.

Certain laws, including Bouncing Checks Law (BP 22), have been questioned
as a violation of this right. However, it’s not the non-payment of an obligation which this law
punishes. The law isn’t designed to coerce a debtor to pay his debt. The thrust of the law is to
prohibit, under pain of penal sanctions, the making of worthless checks and putting them in
circulation. Checks have become widely accepted as a medium of payment in trade and commerce,
and if the confidence in checks is shaken, the usefulness of checks as currency substitutes would
be greatly diminished. When the question was resolved in 1986, it had been reported that the
approximate value of bouncing checks per day was close to 200 Million Pesos, thereafter averaging
between P50 to P80 Million a day. (Lozano vs. Martinez)