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Promissory note for the binding contract

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1 Promissory note for the binding contract on Wed Oct 16, 2013 11:51 pm

agapito_bagumbayan


Arresto Menor
I was previously dismissed from my job, but given a chance to just make a voluntary resignation and the company accepted it. My problem is that i was in a binding contract, and i had to pay all costs made by the company tru the training program to me. To sum it up, it will cost up to 100k+. Question, can i make a promissory note to settle it in installment basis just to release my certificate of employment? because currently im working with a new company and it is a requirement.

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2 Re: Promissory note for the binding contract on Thu Oct 17, 2013 9:01 am

HR Adviser


Reclusion Perpetua
If the company accepts your promissory note, and release your COE, then it would be good.

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3 Re: Promissory note for the binding contract on Thu Oct 17, 2013 9:53 am

alexisbantilan


Reclusion Perpetua
Accordingly, COE is not a legal documents and you can not compel your previous to release one. Might as well request for your contributions records from SSS or pag-ibig that's a legal proof that you had worked in that company before. Just inform your current employer that you have pending obligations to your previous that's why COE is not possible at this time.

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4 Re: Promissory note for the binding contract on Sat Oct 19, 2013 3:23 pm

agapito_bagumbayan


Arresto Menor
Thank you for the answers.

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