i loaned 75k from a bank and issued them pdc as part of loan reqt. within first few months ok po payments ko but last december 2010 na-late po ako ng pagpondo sa checking account ko which resulted to its closure. i tried to reopen my checking acct but the bank manager no longer allowed me.
two months ago, i've written to the bank where i loaned 75k requesting for over-the-counter payments. i declared that i intend to pay my loan and any incurred interests due to delayed payment. i did not receive any answer from them.
but later today i received a call from their legal employee that they demand payment of 40k on or before june 24. i told him i couldn't afford to pay it asap and i requested for an extension. he did not agree and threatened me that they will file a case if they did not receive this amount during said deadline.
if i would send partial payment to the bank (e.g. 5k or 10k) just to show my sincerity to pay my obligations, would bank give proper consideration? or would they still pursue with the filing of a case against me?
they also threatened that my personal details will be published in newspapers.
i really wanted to settle my dues but if they are not amenable to settlement, can i still arrange it in court, if ever mag-file na po sila ng case?
if ever, ano po magiging charge against me and the probable consequence?
thank you very much in advance. God bless ! ! !