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

Issued 2 bouncing checks

View previous topic View next topic Go down  Message [Page 1 of 1]

1 Issued 2 bouncing checks on Fri Aug 16, 2013 1:17 pm

cons


Arresto Menor
greetings! i just want to ask about a demand letter to pay from a lending institution with whom i had a loan, paid pdc but the last 2 checks bounced. i had lost work, and had financial difficulty at the time. was not able to settle. up to now even if i found work, what i earn is even less than what i need. i cannot make a settlement agreement as i cannot afford to pay it.

please advise what is the worst that i can expect of their legal action. when i can afford it, i will pay but as of now, i can't do it even if i wanted to. what case can they file against me? what is the worst case scenario? how long is the process?

need advise.

View user profile

2 Re: Issued 2 bouncing checks on Fri Aug 23, 2013 4:31 pm

betan.mikki


Arresto Menor
cons wrote:greetings! i just want to ask about a demand letter to pay from a lending institution with whom i had a loan, paid pdc but the last 2 checks bounced. i had lost work, and had financial difficulty at the time. was not able to settle. up to now even if i found work, what i earn is even less than what i need. i cannot make a settlement agreement as i cannot afford to pay it.

please advise what is the worst that i can expect of their legal action. when i can afford it, i will pay but as of now, i can't do it even if i wanted to. what case can they file against me? what is the worst case scenario? how long is the process?

need advise.
huwag ng maghintay, puntahan ang lending company at makipag usap dahil sigurado BP 22 ang ikakaso sa iyo.Ang BP 22 ay criminal case.

View user profile

3 Re: Issued 2 bouncing checks on Fri Aug 23, 2013 7:34 pm

karl704


Prision Mayor
tama.negotiate for an installment payment.

View user profile

4 Re: Issued 2 bouncing checks Today at 12:37 pm

Sponsored content


View previous topic View next topic Back to top  Message [Page 1 of 1]

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