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loan with PDC

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1 loan with PDC on Mon Feb 28, 2011 1:09 pm

prettybaby23


Arresto Menor
Atty. Good day.

Need ko po sana advise niyo, last friday i received a letter from a lawyer. Last September 2009 po kasi, nagloan ako sa isang tao and nagbigay po ako ng check, 50k po ang na loan ko. due to financial problem di ko pa nabayaran. Nagulat nalang ako dahil from 50k naging 135k na ang utang ko dahil 10 percent ang ineterest. ano po kaya ang pwede ko gawin para po sana principal nalang babayaran ko? hirap po kc talaga ako ngayon. di ko po kayang bayaran ang 135k. 7 days lang po kasi binigay ng lawyer para ma settle ko to, or else magfifile na po daw sila ng kaso.

thank you po

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2 Re: loan with PDC on Mon Feb 28, 2011 6:10 pm

attyLLL


moderator
did the letter include a notice that you had a check that bounced?


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3 Re: loan with PDC on Tue Mar 01, 2011 8:24 am

prettybaby23


Arresto Menor
yes atty. it is indicated that upon encashment the account was closed.

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4 Re: loan with PDC on Tue Mar 01, 2011 5:34 pm

attyLLL


moderator
i have no doubt you can reach a settlement with them, but you will have to play hardball also and accept the risk that they may file a bp 22 case against you. if they do, the processes ensure possibilities of settlement.

keep negotiating with them. at some point hopefully they will give way to a more accommodating settlement.


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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.
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5 Re: loan with PDC on Wed Mar 02, 2011 8:40 am

prettybaby23


Arresto Menor
thank you Atty. for your guidance, i really appreciate it. hope you can help more people Very Happy i will surely take your advise.

God Bless

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6 Re: loan with PDC Today at 12:03 am

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