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Free Legal Advice Philippines » FREE LEGAL ADVICE » OTHERS » BP 22......

BP 22......

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1BP 22...... Empty BP 22...... Wed Nov 09, 2011 11:52 pm

carlo31


Arresto Menor

hi i hope you can help me...i have loan to a bank and unfortunately i wasnt able to settle my dues. i have already received demand letter. im willing to make a settlement however the amount that they're asking iss triple to the amount i borrowed. is there any way that i can lesser the amount that i need to pay?thanks for the help

2BP 22...... Empty Re: BP 22...... Thu Nov 10, 2011 11:33 pm

attyLLL


moderator

did you issue checks?

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

3BP 22...... Empty Re: BP 22...... Fri Nov 11, 2011 8:47 am

carlo31


Arresto Menor

yes i did.but that was for the principal amount plus interest. im willing to pay the total amount in amicable settlement but the total that they;re asking is triple the amount that i borrowed.i know that there would be penalties.

4BP 22...... Empty Re: BP 22...... Sat Nov 12, 2011 10:45 pm

attyLLL


moderator

you or your spouse should avoid personally signing for any demand letters. all you can do now is to keep negotiating with them.

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

5BP 22...... Empty Re: BP 22...... Sun Nov 13, 2011 3:28 pm

carlo31


Arresto Menor

thanks atty for your help. but im quite afraid with the content of their demand letter. it says that they will request to seize my personal properties even garnishing my salaries and bank deposits:(

6BP 22...... Empty Re: BP 22...... Mon Nov 14, 2011 11:53 pm

attyLLL


moderator

that is standard language. i know it's hard for you, but we just shrug at that kind of stuff.

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

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