Free Legal Advice Philippines

Disclaimer: This web site is designed for general information only and does not create attorney-client relationship. Persons accessing this site are encouraged to seek independent counsel for legal advice regarding their individual legal issues.

Log in

I forgot my password

You are not connected. Please login or register

China Trust Salary Loan

Go down  Message [Page 1 of 1]

1 China Trust Salary Loan on Fri Feb 17, 2012 5:31 pm


Arresto Menor
[/left]Dear Sir, I need a legal advice, In 2006 I had a Php 40,000.00 salary loan with China Trust. Based on their MOA with the Cooperative from which I was a member, the amount deducted from our salary will be paid by our company to the Cooperative and the Cooperative will remit our payment to China Trust. after 24 months salary deductions nabayaran ko na po yung loan but I received a demand letter from China Trust na magbayad daw po ako ng balance na more than Php4,000. I refused to pay and told them that deducted na ang utang ko pati ang interest from my salary. And I even ask the Cooperative to give me a certification na bayad na ako. But according to China Trust, hindi nila ino-honor yung certification and copy of my payslip. I even checked with our Accounting Department kung kasama ang pangalan ko sa buwan na they told I did not pay. And it was there. Now, I'm receiving a Demand letter from law office and my outstanding obligation is already P22,167.85 and they will file a civil case under Small Claims Cases. Sino po ba talaga ang may pananagutan. If ever po ba na kasuhan nila ako ano po kaya ang mangyayari sa kin. Maraming Salamat Po. Nenet

View user profile

2 Re: China Trust Salary Loan on Fri Feb 17, 2012 10:35 pm


if they file a case against you, make a third party complaint against the coop.

[i] Visit our FB Page: FOR MORE LEGAL ADVICE  
Warning and Disclaimer: I am not your lawyer; and you are not my client. With the limitations of an  Internet forum, a thorough review of your concern is not possible. View my comments at YOUR OWN RISK. It is best to actually retain a lawyer for your individual concerns.
View user profile

3 Re: China Trust Salary Loan on Tue Feb 21, 2012 11:29 am


Arresto Menor
Thank you Sir for your reply. Kaya lang po sarado na ang Cooperative but some of the officers of the said Coop are still connected with the company where I am employed. Can I still file a complain against them if China Trust file a case against me. Salamat Po

View user profile

Sponsored content

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum