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Unpaid Promissory notes

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1 Unpaid Promissory notes on Mon Feb 12, 2018 4:43 am

ertgh


Arresto Menor
Hello,

I'm in a bad situation. I have invested some funds on Promissory note basis on Boracay with given timeframe and given interest. I haven't received payment at the end of term. I have the Promissory notes with the terms. Is there any way I can enforce the person to pay?

I don't live in the Philippines and I need an Attorney who can help on pro bono basis as I feel the person I mad the deal with might be a scammer who just takes the money and doesn't even have the intention to pay, so there might be other victims.

Right I'm looking for an Attorney who can view my case and can send an email to the other party stating that he has to pay otherwise I take further legal action.

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2 Re: Unpaid Promissory notes on Wed Feb 14, 2018 8:02 am

attyLLL


moderator
good luck looking for counsel willing to work pro bono


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3 Re: Unpaid Promissory notes on Wed Feb 14, 2018 6:31 pm

ertgh


Arresto Menor
attyLLL wrote:good luck looking for counsel willing to work pro bono

It doesn't have to be pro bono. But I may not be able to pay upfront since most of savings went into these deals Sad

I'm happy to pay success fee in case I get some of my funds recovered

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4 Re: Unpaid Promissory notes on Wed Feb 14, 2018 8:06 pm

xtianjames


Reclusion Perpetua
It doesn't have to be pro bono. But I may not be able to pay upfront since most of savings went into these deals

I'm happy to pay success fee in case I get some of my funds recovered
good luck to that as well as Lawyers require retainer to be paid before accepting a case.

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5 Re: Unpaid Promissory notes on Wed Feb 14, 2018 10:29 pm

ertgh


Arresto Menor
xtianjames wrote:
It doesn't have to be pro bono. But I may not be able to pay upfront since most of savings went into these deals

I'm happy to pay success fee in case I get some of my funds recovered
good luck to that as well as Lawyers require retainer to be paid before accepting a case.

what is Your experience? How much is the retainer?
I have a claim for about $47000.

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6 Received a quote on Sun Feb 18, 2018 9:10 pm

ertgh


Arresto Menor
I got a quote from a lawyer for 100k pesos as retainer. Seems too high and unrelastic for me for $47k claim. Any take on this?

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