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Free Legal Advice Philippines » FREE LEGAL ADVICE » OBLIGATIONS & CONTRACTS | CREDIT TRANSACTIONS » Demand Letter to Settle a debt

Demand Letter to Settle a debt

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1Demand Letter to Settle a debt Empty Demand Letter to Settle a debt Sun Dec 30, 2012 8:24 pm

qwerty08


Arresto Menor

Atty,

Just want to if how far can a demand letter go if ignored?

Way back 2010 I borrowed money amounting to 30k in a lending company. I just paid 2months of it since I got fired from my job. 2 years had passed okay nmn untill now I received a demand letter. Just want to know how will it affect me. Honestly I still don't have the resources to pay my debt. Ii just want to know how will it affect me if I'll continue to ignore the demand letter. I'm just 21 and I'm affraid to go to jail if ever. Please help.

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Free Legal Advice Philippines » FREE LEGAL ADVICE » OBLIGATIONS & CONTRACTS | CREDIT TRANSACTIONS » Demand Letter to Settle a debt

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