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Free Legal Advice Philippines » FREE LEGAL ADVICE » OBLIGATIONS & CONTRACTS | CREDIT TRANSACTIONS » Need help please. Can we go to jail for no paying a loan ?

Need help please. Can we go to jail for no paying a loan ?

3 posters

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CYBERLUDO34


Arresto Menor

Hi, i would like to know if we can go to jail for no paying a loan ?

A friend told me she's in jail because she haven't pay a loan.
She borrow money to a guy and told me she signed papers but now she can't refund him and she told me she in a jail for that.Is it possible ?

Thank you from france

attyLLL


moderator

depends on what's on those papers. if this is in the philippines, and this is purely a loan (no trust agreement, no checks, no deceit), then failure to pay a debt is not a crime.

https://www.facebook.com/BPOEmployeeAdvocate/

CYBERLUDO34


Arresto Menor

thank you for your reply. well i don't know exactly what kind of papers but is it possible to go in jail for that ?

4Need help please. Can we go to jail for no paying a loan ? Empty what if a bank loan and i issue pdc Wed Apr 13, 2011 9:36 am

casperdy69@yahoo.com


Arresto Menor

MAKUKULONG PO B KO NUN IF DI NAKO NAKAKBAYD

CYBERLUDO34


Arresto Menor

Sorry i don't speak tagalog. Embarassed

attyLLL


moderator

casper, they can file a case of bouncing checks against you.

cyber, obviously, we can't answer the question without more details. try to find out the story, but the basic point here is that in the philippines, the mere failure to pay a debt is not a crime.

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Free Legal Advice Philippines » FREE LEGAL ADVICE » OBLIGATIONS & CONTRACTS | CREDIT TRANSACTIONS » Need help please. Can we go to jail for no paying a loan ?

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