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debt International Statute of Limitations

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1 debt International Statute of Limitations on Thu Apr 05, 2018 4:28 pm


Arresto Menor

May I ask what is: International Statute of Limitations for debt collection ? Applicable po ba ito sa Pilipinas para sa mga kababayan natin na nagkaroon ng pagkakautang sa Middle East noong nakaraang 15+ taon ngunit dito na po namirmihan sa Pilipinas ?

Thank you very much po.

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2 Re: debt International Statute of Limitations on Thu Apr 05, 2018 4:47 pm


Reclusion Perpetua
Unfortunately, there is no such thing. A bank can hire a local collection agency to chase you for your loan on their behalf. This is completely legal. Kagandahan lang, ang magagawa lang ng collection agency sayo ay kulitin ka since walang kulong ang pagkakaroon ng utang dito sa Pilipinas.

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3 Debt Collection Agencies on Thu Apr 05, 2018 5:32 pm


Arresto Menor
Salamat po sa reply.

Follow-up questions po sana:

ano naman po ang legal rights ng mga collection agencies and agents regarding debt collection? and,

ano na po status ng senate bill 1277 (debt collection) ni Sen. Mirriam Santiago?

thanks po uli.

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4 Re: debt International Statute of Limitations on Thu Apr 05, 2018 7:46 pm


you can try to use the defense of prescription of 10 years

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5 thank you on Fri Apr 06, 2018 10:01 am


Arresto Menor
thank you very much for your reply, attyLLL.

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