unsettled debts....clarifications

hello to all moderators,lawyers and members in this forum! my query is still in relation to some unsettled obligations..utang pa rin....ive read the previous posts in this topic but in my case po kc ako ung inutangan..may kaibigan po kc ako na humiram sakin ng pera worth P50thousand..nung una P20k para pambayad ng tuition sa mga anak niya tapos dinagdagan nya ng P30k kc nagkasakit daw sya..she said to me that she will pay me the said amount a month after,that was May 2009 tapos mag interest ng 10%..pumayag po ako and pinahiram ko po sya.she even issued me a post dated check dated June 15,2009.Now, when the check was due,ti-next ko po sya if pwede ko na ba ma deposit ung check nya..Sabi nya sakin wag lang muna kc wala daw pondo yun..So,di ko dineposit ung check...Ilang beses ko sya siningil pero until now di pa rin niya nabayran..Pinapirma ko sya ng promissory note and kahit meron na petsa na bayaran nya di pa rin nagbayad..P500.00 lang talaga ang nabigay niya..andaming reasons..kung tawagan di na mag sagot..if mag text di na mag reply..tapos..dumating pa sa punto na di na talaga makontak kc nag change ng number kaya pinuntahan ko sa office nya..civil naman akong kausap sya pero sinabi ko sa kanya na bayaran na niya ung utang niya sakin kc kung hindi ma pwersa ako na mag take ng legal action against sa kanya na ayaw ko sanang mangyari..

Ngayon,nagpadala ako ng demand letter sa kanya na ako lang ang nagpirma..sabi ko pa nga condone na ang half sa interest mabayaran lang ang capital..so far, di pa ako talaga pumunta sa lawyer kc nga i still give her a chance na ma settle ung utang nya sakin...attorney, here are my following queries..

1. Based on my understanding sa previous posts,10% interest is unconsciounable..ilan ba tlaga ang interest rate na ma-consider natin na consciounable? Besides,may agreement kami na pirmado nya tapos sya pa nga ang nag proposed sakin nun na interest rate..di ba yun pwede i-consider ng korte kahit may agreement kami? pero di man din niya nabayaran eh....

2. Yung check na issue nya which is already considered as stale check kc nga di ko pinasok kc sbi nya wala daw pondo..if ever ma ka file ako ng complaint sa kanya..can i still used such check as evidence or proof?

3. Meron kayong na mention na attachment of personal or real properties..di ko masyado naintindihan un pero mahaba man kaya proseso nun...ano ba ang pwede ko habol sa kanya maliban sa promissory note na hawak ko? Ilang demand letter ba ang kailangan ibigay ko sa kanya? Kailangan ba na pa notarized ko pa ung promissory note na pirmado nya?

Kapagod magsingil sa taong walang intention na magbayad... nauubos na patience ko....thanks po sa lahat na magbigay ng advice....God bless po n More power!

Thank you for being responsible enough to read through the other threads prior to posting.

the supreme court has not established a particular percentage of what is unconscionable. it is a case to case basis, but one of the more recent decisions in a credit card case, interest was reduced to 1% and a penalty of 1% per month.

is your 10%, per month? it is not invalid per se, and in fact, it will be considered valid unless the court rules otherwise.

yes, the check is considered proof of the debt.

preliminary attachment requires proof of fraud or that the creditor is absconding to another country. you will need to identify a particular property which can be garnished.

based on your account, i recommend that you file a small claims complaint. the rules are on sc.judiciary.gov.ph. pesky lawyers not allowed to participate.

1 demand letter is enough.

hi attyLLL,nasira pc ko that's why i was not able to check messages for a couple of months..thanks po sa reply n ur advice..pahabol ko lang po na tanong..ung demand letter po ba necessary na ipa notarized? ung mga texts messages pwede na din po ba ma consider un na demands for payments?..nasabi nyo po na pwede nako mag file ng small claims without the need of pesky lawyers..gusto ko lang po clarify if before going to court kailangan pa ba ipa barangay kc meron po ako nabasa sa ibang posts na ipa barangay muna before going to court? ano po ba ang proper dito? pwede ba diretso na file sa small claims o unahin ko muna sa barangay.. magkaiba din kc kami ng barangay na tinitirhan..san ko po pwede sya ipatawag kung sakali..salamat po ulit ng marami..More power to you n this website!

hi attyLLL,nasira pc ko that's why i was not able to check messages for a couple of months..thanks po sa reply n ur advice..pahabol ko lang po na tanong..ung demand letter po ba necessary na ipa notarized? ung mga texts messages pwede na din po ba ma consider un na demands for payments?..nasabi nyo po na pwede nako mag file ng small claims without the need of pesky lawyers..gusto ko lang po clarify if before going to court kailangan pa ba ipa barangay kc meron po ako nabasa sa ibang posts na ipa barangay muna before going to court? ano po ba ang proper dito? pwede ba diretso na file sa small claims o unahin ko muna sa barangay.. magkaiba din kc kami ng barangay na tinitirhan..san ko po pwede sya ipatawag kung sakali..salamat po ulit ng marami..More power to you n this website!

if you live in the same city or municipality you first have to file a case at the bgy of his residence. if not, then you can file direct.

demand letter need not be notarized. texts can be considered evidence but you will need the additional hassle of proving that the number is his. better to send one personally or through registered mail.

thanks a lot attyLLL! God bless u po!