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

unpaid principal and interest

Go down  Message [Page 1 of 1]

1 unpaid principal and interest on Tue Oct 01, 2013 2:23 pm


Arresto Menor
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

View user profile

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.

[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

Back to top  Message [Page 1 of 1]

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