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Free Legal Advice Philippines » FREE LEGAL ADVICE » LABOR AND EMPLOYMENT » Resignation with existing company loan

Resignation with existing company loan

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1Resignation with existing company loan Empty Resignation with existing company loan Mon Jun 24, 2013 10:26 pm

katrin1226


Arresto Menor

Hi everyone

Im hoping that you can give me a legal advice an what to do if I want to resign in my job but the problem is I have an existing loan which cost 16k.. 

Thank you!

2Resignation with existing company loan Empty Re: Resignation with existing company loan Mon Jun 24, 2013 11:11 pm

anyaresatin


Arresto Mayor

you can file your resignation, but you have to settle your obligations first, the company might not allow you to resign pending settlement of your financial responsibilities.

3Resignation with existing company loan Empty Re: Resignation with existing company loan Mon Jun 24, 2013 11:24 pm

katrin1226


Arresto Menor

Thank you for the reply. Pero po kung ready naman akong gumawa ng promissory note or a letter promising that I'll pay the loan in time possible po ba iyon? Or may rights parin sila to hold my resignation?

anyaresatin


Arresto Mayor

You may execute a promissory note, if the company will accept it  (but I doubt they will agree),  if not, you have to settle  your financial obligations. Bdw, what is the reason for filing your resignation? If  justifiable reason naman, I hope the company will understand you, talk to the HR.

itsmenow


Arresto Menor

It depends on the company, kadalasan, idededuct yan sa last pay mo. Then you have to pay the remaining amount

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