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

Requesting for an alternative payment plan

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

1 Requesting for an alternative payment plan on Mon Jan 24, 2011 10:39 pm

cerelina14


Arresto Menor
Ako po ay dating empleyado pero nagresign na dahil may plano na magabroad. Narelease po yong loan ko 3 days before magresign ako last August 2010
Kanina po nagsadya ako sa customer service ng standard chartered para magrequest po ng alternative payment plan para sa dati kong loan dahil natatakot ako na hindi ko na mabayaran ang monthly amortization. Sabi po ng kausap ko s customer service na hindi raw pwede at wala rin daw silang program para sa amnesty to settle debt. Ang naloan ko po ay umabot ng 70 thousand at months pa lang ako nakabayad. Ano po ang dapat ko pang gawin dahil tumanggi sila sa proposal ko? Please help me Sir...

View user profile

attyLLL


moderator
it's either, 1) you keep negotiating; 2) start paying again when you have the money; or 3) wait till the demand letters and the collectors come.

has the entire loan now become payable or the still allow you to pay in installments?


_________________
[i] Visit our FB Page: BPO Employee 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

cerelina14


Arresto Menor
thanks for the advice...

View user profile

cerelina14


Arresto Menor
The bank still allow me to pay following the original payment terms. Actually I have not yet experienced neglecting my payments but I'm afraid I cannot pay the same amount this coming February...So If ever I cannot pay it anymore since I am unemployed at this time, I should better wait till the demand letters and collectors come...as you have advised me...
Thank you Sir!

View user profile

attyLLL


moderator
i recommend you keep negotiating. contact them again when it's close to payment date and continue doing so afterwards. the person you are talking to probably has some level of authority to allow a deferment of a month.

and keep looking for a new job. good luck.


_________________
[i] Visit our FB Page: BPO Employee 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

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