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DELAYED PAYMENTS TO A LENDING COMPANY

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1 DELAYED PAYMENTS TO A LENDING COMPANY on Mon Jul 11, 2011 6:18 pm

nanaykharx


Arresto Menor
Hi,

I applied for a salary loan last Sept 2010 and used our motorcycle as collateral, their mode of payment is PDC's, for the first 2 months, were doing well with our payments, after giving birth, we just don't know even until now, I tried to reflect what went wrong or how this thing happened, naghirap kami, my husband got lay off from work and ako nag pull out ung account namin, so we were advised to resign, since then, delayed na kami sa pagbayad at wla ng funds ung checking account nmin, kahit gnun man, I went to the lending office and paid the 'penalty' dun sa no funds na cheke and advised them not to endorse those remaining checks kasi will start paying thru cash, pumayag naman sila, to make it sure, we made 5 payments na, gang ngaun d parin nkhanap ng trabaho husband ko anak ko ilang beses namin binalik sa hospital due to pneumonia gang na admit sya at wla pang insurance, wla na kaming trabaho, nbenta halos lahat napundar namin may isang araw na wla syang panggatas at pikit mata nabenta namin ung motor nmin sa mababang presyo at ginamit ung ibang pera mklipat sa isang kubo to less sa rent. Ngaun panay tawag ung ahente dun sa mga inlaws ko na d naman sila kasali sa utang na un, I do understand that they're just doing their job however, sa ngwa nila ung father in law ko muntik na sumuka ng dugo kasi may sakit, siguro nagawa nila un kay we were out of reach kasi nga nabenta na nmin kahit cellphone na murahin para sa anak ko. Tinatakot pa sila kung d daw msettle baka mapasa tong case namin sa legal counsel and they might file us for estafa? Ang pinangtataka ko bakit estafa dahil may naisyu akong cheke? na in the first place we've been paying them by cash, payable in 12months ung loan namin bale Sept 2011 un matatapos? Atty? kasi nga d na namin makaya ung monthly amortization is there a way masettle to and may pay it less pa sa intended amount? Tama ba na pwede kami kasuhin ng estafa? kahit alam nila wla ng funds ung cheke and been paying them by cash? Please enlighten me. THank You so much!

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2 Re: DELAYED PAYMENTS TO A LENDING COMPANY on Thu Jul 14, 2011 10:39 am

attyLLL


moderator
i do not believe an estafa case will prosper, but they have a right to collect from you.


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