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unpaid principal and interest
1
unpaid principal and interest on Tue Oct 01, 2013 2:23 pm
hi... may friend ako na based in USA decided na pautangin yong isang tao worth 50K dito sa Pinas last February 2012. she used her credit card sa US (using Xoom) para mapautang niya yon with an agreement bearing a 7% interest per month. may mga witnesses sa agreement. unfortunately, hindi nabayaran ng borrower kahit man lang yong monthly interest niya after 17 months nong July this year lang may binigay na 10k na paunang bayad daw. sumasama lang kasi loob ng kaibigan ko kasi until now nagbabayad pa siya ng interest sa kanyang credit card. ano po ang habol ng kaibigan ko para mabayaran sya? ano po pwede niya gawin? thank you
2
Re: unpaid principal and interest on Wed Oct 02, 2013 9:56 pm
she can issue an SPA to authorize someone to represent her in filing a small claims case.
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Free Legal Advice Philippines » FREE LEGAL ADVICE » OBLIGATIONS & CONTRACTS | CREDIT TRANSACTIONS » unpaid principal and interest
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