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Motorcycle Loan from Bank of Makati

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1 Motorcycle Loan from Bank of Makati on Sun Nov 19, 2017 10:55 am


Arresto Menor
Hi Atty.,

Ask ko lang po sana kung legal po ba na kunin na nila motorcycle ko. They sent me a letter yesterday sa bhay namin (received by my dad, nasa labas kase ako) and they told them na for repo na daw ung motor sa monday. When i checked the letter it is just a reminder of my payment without mentioning anything about reposition. The thing is 5 and a half months palang yung nababayaran ko (pero not exactly na ko bnyaran ung ilang bwan na sunod sunod, alternate ako nkpg bayad simula last year). I tried makiusap sa mga contacts sa letter from bank na magbabayad ako for payment 3 months pero di na daw pde kase d daw ako naghulog last month (october). Question is, pede na ba nla tlga kunin motor even na may 5 and a half month ako nkpg hulog at maghuhulog ng for 3 months this end of the month? I hope masagot nyo sana kaagad because kukunin na nila motor this coming Monday.

Salamat ng marami

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2 Re: Motorcycle Loan from Bank of Makati on Sun Nov 19, 2017 12:32 pm


Reclusion Perpetua
check your contract. usually meron clause yan na pwede nila repo yung sasakyan if mag fail ka mag hulog in X consecutive months or X non consecutive months. Tingin ko dun sa later nagfafall yung case mo.

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