settlement of obligation

Dear attorney,

What is "settlement of obligation" and what is the complication of not adhering to it?

can't really advice you with so little information.
Were you given a demand letter asking you to pay?

I am ask to pay a very hefty amount due to bad mistake in my part. The problem is that I am currently unemployed and not in the capacity to pay.

They told me to make a schedule of payment so I will get my clearance from the company and will not to file charges.

What is the possible scenario I couldn't make the payment?

Good day!Just want to ask for some information regarding with the person na bumangga nang sasakyan ko. Ayaw kasi magbayad sa akin ng nasira kung sasakyan? D nman ng insurance ko mahabol kasi yung insurance nang delivery van niya is TPL only. Gusto ko sanang bayaran niya ung estimate repair ng sasakyan ko. Pero nagmamatigas. Ako pa ang pinapahabol niya sa kanya. Pwede ba akong magfile ng case sa kanya? At may laban ba ako? Magkano kaya ang magagasto ko sa pagprocess. Please help nyo nman ako. I need an advice. Thank you so much!

gilchelle, you can file a case of reckless imprudence resulting to damage to property

Diego:
Demand Letter siguro yan galing abogado ng company dating pinagtrabahohan mo/pinagkautangan mo/ o naperwhisyo mo). Pag sinabing "you settle the obligation", inuutusan ka na magbayad para magkaayos na kayo ng kumpanyang iyan. Tapos may kasunod na banta iyan na pag hindi mo inayos ito, ididemanda ka namin.

Kung wala ka talagang pera, hintayin mo na lang kung anong susunod na hakbang nila. and pray na baka sakaling makita nila na wala talaga silang masisingil sayo at di ka na pag-aksayahang idimanda pa.

Maghanap ka ng matinong trabaho para kahit papanoy may mahugot ka kung sakaling idemanda ka nga.

We cannot second guess their next move.

Thanks Richard. Habulin kaya nila ako kung nasa ibang bansa na ako? Masusundan ba nila ang kaso ko doon? One last thing, is this consider criminal or civil case?