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bounce check for almost 4 year

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1 bounce check for almost 4 year on Wed Mar 16, 2011 8:56 am


Arresto Menor
Dear Sir/Madam,

Ask ko lang ang case ng friend ko. Kasi po nag loan po siya sa isang non colateral lending institution way back 2005. Nag issue po siya ng 6 cheques. 2 cheques was good but the remaining 4 cheque alrealdy bounce. Nag abroad po kasi siya. At last month po umuwi siya. Garantor po ako. Ang question ko. First, puwede pa po siyang idemanda for a bouncing cheques even it was already 4 years ago? Second po, as a garantor ano po ang puwede kung lusot sa kasong ito. Aside for verbal na agreement namin ng kaibigan ko na di ako magbabayad, may other remedy po ba ako para malusutan ko ang pagbabayad dahil sa garantor ako.

Hoping for your advise....

Thanks a lot,

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