I am a single parent with 2 kids. Way back 2nd quarter of 2005, i entered into a business partnership with 2 common friend. We established a travel agency business. Back then, i am financially capable of sustaining the financial needs of the company as i have earned good commissions from previous employer. There we opened a company account to Asia Trust Bank. After opening the said account as the general manager of the said company, they offered me as well with a credit card. I guess it has a credit limit of 20k and we have spend it for some needed office supplies and other related materials for the business. The business operated for only few months because the said 2 partners sabotage the whole operation. They have used me to finance the whole business and the planned was take off the whole business after few months and which they did. The said plan materialized when i was busy doing sales presentation in one of the prospective company in makati area. Later on the day i went back to the company's office and the only thing left was all my personal stuff. Bank accounts was been closed and they took all the money away. It was a shocking experienced that time for me because i was just between my 24 -25 years old. I don't know what to do. The only thing that i could remember was to go to a police station and have a blotter on the said situation. That's all what i have done. After which i didn't bother anymore to pursue with the legal action as i was left with nothing. So my financial circumstance changed drastically. I'm out of job, no income, couldn't find a way to sustain bills such as house rent, electric, water, food and most specifically the medication of my son. He has a severe and isolated case of asthmatic condition as per doctors who treated him that they couldn't really know where the said condition came from and what to do it with it. They couldn't compare it with most of the asthma conditions they have treated both for elder and young ones. I don't also get any support from my kids father. And i didn't bother to beg for it. All i wanted to is sustain a day to day living, my sons medications and monthly bills.
Unfortunately, i didn't had any good paying job at that time. I got no job for more than a year. My son was on and off in the hospitals for treatments. I decided to move to a much smaller space to stay to save a bit amount of money. There were few months too that i get no job due to my work attendance as most of the time i have to attend to my son. I can't anyone who can take care of my kids as i am really broke.
There were no collection communication that had happened about it. Then i noticed one of the Asia Trust Bank branch that they were bankrupt. But just about a couple of weeks ago. I got a message from my facebook account, saying that the person was from a law firm for Asia United Bank which was previously known as Asia Trust Bank. They keep on calling me, sending me sms messages on a daily basis that they are giving me about 24 hours to settle the said debt, the amount was ridiculous to be honest because the credit limit was only 20k and now they are asking for more that 220k. I am currently employed as temporary staff (contractual basis).
I have 2 other mouths to feed and they are my children. What I am earning now is just enough to sustain our day to day expenses, most of the time whenever i get my pay, there's nothing more left in my hands as i have to pay all the bills, get some food, medicines for my son. My concern is that they are even sending me threat messages saying that they will track me down to where i live and to my work, they will coordinate with barangay officials and the management to whom im connected with so they can give me embarrassment and let me sign a document that I need to pay of the said debt accordingly. I'm having sleepless nights, cant focus on my work, i am only sharing with one of my siblings from the apartment that they were staying at since i couldn't really afford to get a small space for me and my kids. Just the other day, they have called the company am working with.
In line with this Atty., I would like to seek assistance from your end. Can you please provide me with some substantial advise on what would i do with this issue. I badly need you assistance as i can't afford losing my job because if that happens, i can no longer feed my 2 children and would not be able to sustain my sons medical condition. Would really appreciate your most soonest advise.