After my retirement from my job in the Philippines, I invested some of my retirement money in one of private schools in Davao city. We had an agreement signed by an attorney, the school administrator, me as investor and two witnesses. Under the agreement, I shall receive a 5% monthly share from the total amount I invested. and that I can withdraw my money without impediment provided I issue a month advance notice. The agreement is renewable every year. However, after I got a job here in Saudi last year, I have not followed up renewing of the contract. I told the administrator to just have it accumulated and I will just take it once my Saudi contract is done. Last March, I came home for a vacation and also to see the administrator but seemed she kept on hiding from me. I left the country again without seeing her. I sent a letter to the administrator before my vacation, stating my intention to withdraw my investment but she never replied.
What legal advise can you give me? I have only my wife in Davao who can represent on my behalf.
ano po kaya ang pwde kong gawin makuha ko lang yong na invest ko including my share interest?
I really appreciate we have this kind of site. Malaking tulong po sa aming mga ofw.
Salamat po in advance.