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

Refund of forfeited payment

Go down  Message [Page 1 of 1]

1 Refund of forfeited payment on Tue May 08, 2012 12:33 am


Arresto Menor
I would like to seek for advise if I can still get a refund on the forfeited payments made on Megaworld Corp. I got a condo unit from them during pre-selling last 2007 and was able to pay only the monthly installments for 3 years ('til 2009). Because of financial problems, I wasn't able to pay them. The project was completed late 2010 and they told me that all the payments made was already forfeited. I just recently learned about the Maceda Law, I was wondering if I can still demand a refund from them? Thank you in advance.

View user profile

2 Re: Refund of forfeited payment on Tue May 08, 2012 1:27 am


Reclusion Perpetua
Did they cancel the contract?

View user profile

3 Re: Refund of forfeited payment on Tue May 08, 2012 3:00 am


Arresto Menor
No contract yet, only Reservation & Offer to Purchase was given to me since it is only on pre-selling at that time I started to pay. But they sent me a letter that they are cancelling that (Reservation & Offer to Purchase).

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