I owed money to a friend of my friend worth
..........Php11,000 only (last may 2008)
I paid her already
..........Php20,000 (october 2008)
and have paid another
..........Php6,000 (january 2009)
and this kind of transaction is we have a WRITTEN CONTRACT which is i am not aware of her computation
Since, I'm a person that doesn't like to be involved in any trouble or case stuff, i pay and pay so that she will not say anything to me. Without knowing that i still have a balance to her which is
(because of my late payment, although i paid her already Php26,000)
We had a confrontation before last september 2009 for the reason that i want to settle it rightaway coz actually she gave me before a Subpeona which was she cancelled it because i asked her i dont want to appear in the court and just settle it within the two of us not involving others....
Because of that confrontation, she ask me pay then Php10,000 only instead of my remaining Php30,000+++. I have to pay the Php10,000 on or before november 2009.
The problem was i didnt settle it coz after our confrontation, i asked an advice to a lawyer which was his advice to me is not to settle it because it is ILLEGAL...
By the way, the reason why i still have balance php30000+++ because its COMPOUNDED COMPUTATION which is an out of this world thing and also i am not aware of this.
Today, its 29aug2010-Sunday. She sent me again a Subpena yesterday (28aug10-sat)...that states that we will have confrontation in the city prosecutor on 31aug-tuesday....
The person by the way is not registered in SEC, BIR or not a lending firm. Shes just an ordinary creditor.
I've read it in OBLIGATION AND CONTRACTs,A CONCTRACT IS VALID IF THERE IS MEETING OF MINDS BETWEEN OBLIGOR AND CREDITOR HOWEVER if IT IS CONTRARY TO LAW, GOOD CUSTOMS, PUBLIC POLICIES, MORAL, THE CONTRACT IS VOID.
Since we have a writen contract,i believed it is invalid. What she did is illegal, immoral and unhuman.
I need an expert advice of this coz my lawyer is out of town and cannot be reached....PLease help me guys/sir/madam...