personal loan

Hi atty. need some advice here...

i have a personal loan at chinatrust bank payable in three years and will end on september 2012 but since may 2011 i have stopped paying my monthly amortization because i was laid off from my previous job. last oct. 20 i received a letter from a certain collection agency that telling me to settle my outstanding balance that boom into 45,000.00 (2,838.38 my monthly amortization).

i have emailed the customer service of chinatrust bank and informed me that they have forwarded my case to their collection agency (same agency from the letter i have received).

makukulong po bo ako kung di ko agad mabayaran ito? i plan to continue paying my monthly amortization by january 2012 and if my financial improves i am able to increase my payment to cope up on my past dues... any advice pls...

personal loan

Hi Atty. please advise.

I left the Philippines 4+years ago and work in other country.
Bago po ako umalis may personal loan po ako sa China trust bank at payable po sya thru postdated check. Nong kinuha ko po yong loan pina sign nila ako ng mga PDC. d ko na mo maremember how much yong monthly ko at kung gaano katagal yong term. Dahil d2 na po ako sa ibang bansa nag stay at nag work at d na po ako nakabalik ng Pilipinas, d ko na po nabayaran yong amortization ng loan balance ko.

Last week po, may tumawag po sa barangay captain namin at ipinagtatanong daw po kung meron doon na nakatira at binanggit po yong name ko. Ang sabi daw po ay isa syang Mr. X at taga Quezon City Trial court branch 1 daw po sya at may stafa case daw po laban sa akin. Sabi rin po ay 4 times na silang nagpadala ng letter pero wala naman pong natatanggap yong family ko. probably ipinapadala nila don sa last address ko sa Manila before ako nag -abroad. e hindi na po kami doon nakatira. Ang tanong ko po bakit po kaya ngayon lang nila ako hinahanap e 4 years na pong delayed yong monthly amortization ko tapos ang court po ba is talagang umaabot sa 4 na beses kung magpadala ng letter? Meron po bang MTC branch 1 sa Quezon City?

Willing po akong mag-settle at makipag-amicable settlement kaya lang po, nandito nga ako sa ibang bansa? So gusto ko po sana ma-contact yong mismong banko at sa kanila ako mag-settle. Please advise.

Maraming salamat po.