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

What Happens When You can't Pay Pag-ibig loan?

Go down  Message [Page 1 of 1]


Arresto Menor
Dear Attorneys & Moderators,
here i am again..pls guide me, ive been paying pag-ibig for 38months na & ung transfer certificate title ay nakapangalan na sakin pro ung original ay nasa pag-ibig. nasa process ako ng selling the townhouse fullyfurnished na kaso may balance ako na 2months & kahapon ung due date ko to pay 6276(pang 1 month lang ito)..i called pag-ibig to inform na d ako makabayad sbi ok lng at kol nlng ako pg mgbbyad na pro dpt b4 d end of sept. mkbayad ako kht at least 1month. I asked what would happen, sabi skin just make sure makabayd ako b4 end of sept kaht 6276php. pls help me have idea of any legal possibilities? thank you po..

View user profile


pag-ibig is very forgiving to late payments, but if you go too far, then their legal remedy is to foreclose on the mortgage and your property will be auctioned off.

sorry, i don't know how many months of missed payments it takes before they start taking action such as sending notices and demand letters.

[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