After battling your way through those irritating phone calls and reading those heart-pounding letters sent your way by the mighty credit card collection agency, we now come to one of their more effective collection strategy. The home or office visit.
By showing up in a place where you feel most safe and secure, they hope that they’d be able to shake your steely resolve with one thing that frightens us all – public humiliation. So, they come out in a van with screaming bold letters on the side exclaiming – DEBT COLLECTORS – much like those pest exterminator vans you see around.
How to fight it? There’s only one thing you can do. And that’s to just grin and bear it. Because even if you can complain in court for harassment, there’s no way you can undo that day when they came. But there are a lot more Don’ts.
Don’t get scared. That’s what they’re hoping you’d do.
Don’t let them in. You can talk to them outside. Unless they have a court order which I doubt. If you’re in the office, tell the receptionist or the building guards not to let them in the next time.
Don’t let them pressure you into signing anything.
Don’t take their insults personally, they're just doing their job the best way they know how. So ignore the drama and you might even find it amusing.
Don't agree to anything immediately. Just get the details and tell them to give you time to think or consult a lawyer about it.
And finally, don’t stop your big dog from barking.
Related: Credit Card Woes - The Call, The Letter, Conclusion
Next post -> God Our Dad
Hi I am also in the same predicament--am over my head with credit card debts. I just realized that I got woed into having 7 credit cards. Before they didn't bother me at all. But with a housing loan on top of it, I am really way deep in debts. I still manage to make payments. But it is getting harder every month. I have read about debt consolidation, debt elimination on the internet. But I don't think we have that here in the Philippines. Anyway, it just feels good to hear that I'm not alone on this situation. But I don't want to reach the point when I have to deal with the threats and insults from collection agencies. More power to you! I enjoyed reading your thoughts on credit card woes. I will try to work things out with the credit card companies and negotiate...and just pray...after this, I won't use a credit card ever again!
ReplyDeleteSame here... Just in the same dilemma
DeleteThank for the encouraging facts.. But I have a question, in my case the bank i owe to is based in Dubai (Standard Chartered Bank) and they have authorized a collecting agency to recover the amount I owe which is also way over my head. Do they have legal grounds to prosecute me under Philippine Law?
ReplyDeletemaraming salamat, nakakapagpagaang ng buhay ang mga paliwanag nyo. just wondering from the lower part, what if they have a court order, what should we do?
ReplyDeletemaraming salamat uli. Godbless and more power to you kaibigan.
They have a court order? To do what?
ReplyDeleteYou get a court order if there's a case filed. If there's a case filed, you would have to know about it. If you don't know anything about a case being filed against you, then I don't think they have a court order.
Hi actually i lost my job recently so hindi ko n kinayang bayaran monthly yun cc ko. Nakahanap n ko work with sister company ng previous work ko, hindi ko na inform yun cc agent na nawalan ako ng work and yun new work ko. Pro nakatanggap ako ng call recently hinahanap ako and sinabi ko na di na connected sa company. Pasok po ba yun sa RA 8484?
DeleteHi actually i lost my job recently so hindi ko n kinayang bayaran monthly yun cc ko. Nakahanap n ko work with sister company ng previous work ko, hindi ko na inform yun cc agent na nawalan ako ng work and yun new work ko. Pro nakatanggap ako ng call recently hinahanap ako and sinabi ko na di na connected sa company. Pasok po ba yun sa RA 8484?
DeleteHi actually i lost my job recently so hindi ko n kinayang bayaran monthly yun cc ko. Nakahanap n ko work with sister company ng previous work ko, hindi ko na inform yun cc agent na nawalan ako ng work and yun new work ko. Pro nakatanggap ako ng call recently hinahanap ako and sinabi ko na di na connected sa company. Pasok po ba yun sa RA 8484?
Deleteand to add to your tips: dont stop the big dog from running after them !!! para wag na sila bumalik!!!hahaha!
ReplyDeletehi there guys! im also in the same situation.. credit card depts.. natatakot na nga ko minsan kc dami ko na rin na rereceived demand letter... hay... buti na lang nabasa ko mga comments d2.. khit pano na relief ako hehe! ask ko lang pwede ba kong makulong dhil di ako nakakabayad? yung dumating kc sa kin demand letter kakatakot galing na daw court yun.. may civil case# pa... totoo kya yun? sabi pa nung tumawag sa kin hinihintay na lang daw nila court order for property search.. di na ko makatulog dhil d2.. help me naman pls... ano sa tingin nyo???
ReplyDeleteWhat I think? Go ahead and sleep.
ReplyDeleteHi. Same as the others, I am also in a CC dilemna. My CC spending was only less than 100K but not it has ballooned to about 400K+. Would it make any difference if I keep a periodic payment in small amounts? At least I'm showing them my willingness to pay even at an amount even less than the minimum. Please comment. Thanks.
ReplyDeleteThank for the encouraging facts.. But I have a question, in my case the bank i owe to is based in Dubai (Standard Chartered Bank) and they have authorized a collecting agency to recover the amount I owe which is also way over my head. Do they have legal grounds to prosecute me under Philippine Law?Is the procedure is the same if you have debts here in the philippines? Please, I need an answer
ReplyDeletehi,
ReplyDeletethank you for all the informations you shared, very englightening, however, marami pa akong gusto malaman, how about b.p. 22? kapag sobra ka bang lubog na sa utang, ay wala na ring lusot kundi ang pagka kulong, kasi wala ka na maibayad, wala ka na ring pang compromise, pano na kaya ang mga anak ko?
I hope na mabigyan mo pa ng magandang insight ang concern ko.
tnaks
newhorizon
Hi, may pomunta nga sa house namin. She talked to my mom and told her that I need to pay my debt tommorow. Do you think babalik pa sila samin?.
ReplyDeletehi..im also in the same predicament..i have 4 credit cards and it all amounted to 600K because of interest and finance charge..its very frustrating and im beginning to be paraniod of what to do..can they file a civil case against me bcoz of the amount??pls..reply soon..
ReplyDeleteBritney,
ReplyDeleteSad to say, but yes they can file a case against you regardless of the amount. Maybe even just to make an example out of you. Hehe.
Just remember, don't be bullied into agreeing to payment terms you can't afford. You'll be in deeper trouble. If calls get nasty, remember it's just an agent who for all we know may even be deeper in debt than you are and could just be venting his frustration on you. If you get a visit, read carefully what you sign.
Stay cool.
Hello again, im a girl with Credit card's i just want to share my experience...may pumunta kase sa office namin na from collection agency and she will give me the agreement for the payment pero sobrang laki ng binibigay nila..and di kaya ng 250/day kong sweldo, and dinala nya ko sa Baranggay nearest in my office coz hindi ako nag sa sign sa Agreement nya..ayun pina blatter nya ko tapos, pina blatter ko din xa..kase nung una mahinahon naman yung voice nya pero nung sinabi ko na di ko kaya yung payment na binibigay nya, tumtaas na yung boses nya..kaya pina blatter ko din xa ng harrassment...ayun the other day yung collection dept. na pinagtatrabahuhan nya, tumawag sakin and they will give me the terms of payment na kaya ko..ng walang pinipirmahan na agreement..ayun..but on my other CC tinawagan ko na mismo yung bank para makiusap.pero still they want me to call in the law office. hay kakaloka...and may situation in this bank is this, nung nagamit ko xa, hindi ko talga nabayaran coz of financial problem, hindi ako nakatawag sa bank coz naging busy ako to do something and to find a money, tpos ngayon nung tinawagan ko sila, ki question nila yun na bakit daw hindi ak tumwag,..ayun..actually honestly naging iba-iba na ata statement ko with them and the law office kase ang kulit nila..and gusto ko kase mabigyan ako ng lowest promo...my question is may dapat ba akong ikatakot with that...Salamat po sa Answer mu sa last comment ko..
ReplyDeleteWow! You're good.
ReplyDeleteI don't think you have to be afraid of anything. I think you're not afraid of anything.
Go Girl!
hi, i also got 1 credit card...i sum up all may payments since i started with it..and found out that i was able to pay almost 30K...and my credit limit is only 20K..do i need to pay my outstanding bal? they keep on sending me demand letters and visiting our house..im very afraid because i dont want to be in jail because of this...
ReplyDeleteHi,
ReplyDeleteIf you still can afford to pay, why not? :)
I would say paying off credit card bills on time makes a lot of difference in our credit reports. If we can pay it on time it will show up as a positive point on the report.:)
ReplyDeleteHi Ag!
ReplyDeleteTnx for such a wonderful uplifting blog... it really gives me relief... upon writing this, i got a txt msg frm stating " this regards wid complaint filed by credit committee of the bank. they held a meeting for delinquent accts and ur name was being included. they decided to formalizes a possible case under CIVIL n CRIMINAL CASE (credit run away & estafa), circulation of ur name for CMAP & BAP blacklisting may happen, an add'l 30k from ur outstanding balance as computer downloading fee. Kindly call at (02)4682842 for inquiries and payment options." that's the exact words & letters, is this true? can this really happen? your comment would really be appreciated... meanwhile i'll just do your advice... many thanks!
hopeful girl_debtor
Hi im currently working in a call center and I am the one who supports my family. when i first had my credit card i was paying on time and i never missed a single month. Unfortunately i am not earning that much i have to prioritized our needs. I maxed out all of my cards and it came to a point that I wasnt able to pay 1 of my cards. It's been a year already and the last time I talked to the collections agency, my past due is already 50k but my debt is only 15k. I tried to contact the bank at first and they were able to give me terms that I can pay. Sadly they wont agree on the specific date that i can do my payments. Im scared most of the time because i am getting harrassing phone calls from this agencies. I dont want to run away from the CC but i cant afford to pay such big amount. I just dont know what to do anymore... I dont want to end up taking my own life just to solve all of my problems... :(
ReplyDeleteHi Anonymous,
ReplyDeleteTaking your own life because of a credit card would be a little too drastic.
If you've read all the letters on this page and all the other pages in this series, you'll realize that your case is not unique. And some people have it even worse than you.
Your cross is something you can bear.
If they call or visit you, well... it's just a call, or a visit. It's their job.
Don't take it personally, although they try to make it personal like calling you names and insulting you. If you think they're too much, you can even file a complaint.
If you haven't read Conclusion, then read it. If you have, read it again.
Life is good.
Cheers!
Hello hopeful girl_debtor,
ReplyDeleteI don't think it's true.
Pay when you're ready.
Meanwhile, stay away from debt.
good day AG
ReplyDeletei made the biggest mistake of my life
dahil sa sobrang takot ko sa mga collecting agency... napapayag nila kong mag sign ng agreement to pay my debt.
i agreed to pay my debt amountung to 55K on december 15... i just wanna know argus... if i failed to pay that amount on the date we agreed upon... ano sa tingin mo ang unang unan nilang gagawin?
what do you think should i do?
please help me... give me advise please.
thanks
-god bless AG
Hi Anonymous,
ReplyDeleteNow don't think you're the first to have done that so expect the same series of calls or visits but they could be more persuasive as they have that signed document of yours.
But as your debt is below 100k, they could only go to a Small Claims court for recourse.
I think your situation ain't worse than before you signed that document. (Unless you signed a check)
Regards,
AG
thanks for the reply AG
ReplyDeletegood thing that i didnt signed a check because. that's what they wanted me to do. to signed a PDC check...
can they charged me ESTAFA? (because of that signed document?)
if they filed in small claims case.. may matatanggap ba ko letters to informed me na may complaint? may chance ba ko manalo?
possible pa din ba na idemanda nila ko at hindi sa small claims case nila ipasok kaso ko?
sensya na AG dami ko questions...
im really expecting the worst scenario now para di ako mabigla...
one last additional question AG,
ReplyDeletecan they put me to jail if matalo ko sa small claims case?
Hi,
ReplyDelete1.) Estafa is a complex case, just signing a promissory note and not being able to comply with the conditions stated therein may not be enough grounds to be convicted of this crime. There are other determining factors. Just don't get into the habit of signing documents with a promise to pay. If they want you to sign, just tell them to give you a copy and that you will then ask for your lawyer's advice before signing.
2.) If they filed a Small Claims Case, you will receive a summons to appear in a Small Claims Court.
3.) Do you have a chance of winning? A Small Claims case is not about winning or losing but more about settlement. There are no lawyers and the judge just acts as a referee.
4.) Can they file the case other than in a small claims court? Yes, but filing a case is expensive, and add to that the lawyers' fees plus the more likely outcome is a settlement. These are the very reasons why the small claims court was created.
5.) Small claims courts do not handle criminal cases, so no, you won't go to jail.
Happy Holidays!
AG
thanks AG
ReplyDeleteyou're such a big help..
happy holiday and God Bless
need help po, the molaer firm tex me , they get my properties if i cant pay my personal loan at standard charterd, originaly my loan amount is 75k, three yrs contract and will end 16 dec 2009, but i was not able to pay from march to may due to the compny im working is in slow down, at nagtangal ng tao, buti lang di ako natangal, pero we work 3 or 4 days a week, kaya hirap ang buhay. tanong ko po can they realy comfiscate my properties?
ReplyDeleteHi saonmanioi66,
ReplyDeleteNo, they cannot confiscate your properties without them first filing a case and then obtaining a ruling to do so.
Happy Holidays!
AG
maraming salamat po AG, now i can sleep well, buti nalang napunta ako dito sa blogs na to... marami pong salamat... happy holidays din po sa inyong lahat... may god blessed us all... sana they won't bother us anymore, pasko naman ngayon, bigyan sana nila tayo ng peace of mind, thanks again A.G.
ReplyDeletesir AG, may is pa po akong tanong, sir, can they really use the police para sisingil dito sa amin? nag alala kasi ako...if the police will come, ano po gagawin ko po... pls advise me po... takot kasi ako if the police will come, at mataon na mama ko ang makaharap, matanda na kasi mama ko, 82 years old napo, baka di nya kakayanin ang ganitong harrassment... maraming salamat po uli sir argus... god bless us all.
ReplyDeletesir AG, nagloan po ako sa standard chrtrd, and they let me open a checking acount sa other bankm para doon ako mag deposit my payments, and they ask me to issue a check unitl december 2009, nandun sa kanila yung lahat nang check, nagyon iwas not able to deposit my payment to the bank due to financial prob for two consicutive month, kaya na close young checking acount ko, then they said i have to pay directly to standard, every month, and pay additional 200 php for every check each month, ginawa ko naman, kaya lang nung global crises struck, natigil naring ang payment ko, ngayon for 4 months, ngayon the molaer low firm is demanding to chose 3 option to pay, 120k php, 6 mos. to pay, 50k php, 3 mos to pay and 23k php instant cash, di ko naman kaya yung term nila, i tel them i will avail option 3, but in due time, so they let me pay 6k advance, but only 2.5k lang kinaya ko, the next mos, pay naman ako 1k, then 500 php the preceeding mos, din i ask them for my statement of acount, wla naman sla bnigay, at prang nagalit pa ata nung mingi ako sa acount statemnt ko, ngayon 2 mos. nko di naka pay, they treatened me na they will enforce the law so that i will feel them and the law, to get whatever property i have, can you help me Mr. Argus, pls advise me of what to do... sorry po f msyado haba letter ko... thnks that i found this blog site and you Mr. Argus... tulungan nyo po ako.
ReplyDeleteHi saonmanioi66,
ReplyDeleteMaybe off-duty cops or guys claiming to be cops but definitely not real uniformed policemen. That's beyond the call of duty. :)
Better prep your mom and the rest of the household that things are less serious than they look and tell them to just give these collectors your contact numbers if you're not home.
AG
Hi,
ReplyDeleteOne element that could qualify an act as estafa is deceit. Like issuing a check to pay for something but all the while knowing that the checking account has no funds to cover it. I don't think that element of deceit is present in your case.
And do the math. Their real demand is just 23k. The cost they have to cover just to file this case for estafa is I think already 10k. And the court might rule for you to just pay a fine.
So forget estafa.
Also read my Dec. 11, 2009 reply above.
Happy Holidays!
AG
marami pong salamat sir AG, salamat po, wish you all the blessings in life and good health to you and your love ones, so that marami pang tao kagaya namin dito ang mapapayuhan mo para gumaan ang loob, at umiwas na sa mga debts... salamat po uli sir AG, salamat po.
ReplyDeleteMERRY CHRISTMAS and a PROSPEROUS NEW YEAR sa inyong lahat. hindi ko kakalimutan ang blogs na ito at you sir argus, sa lahat ng advices nyo, and to all blog users, thank you...
Hello..... Thanks for having a blog like this, My mom is really bugging me of the number of collection letter being sent to me, i always tell my mom, even if i want to pay, e how can i pay i dont have enough money to pay. My earning doesn't suffice the needs of my 3 kids. Iam not running away or trying to escape from my debts its just that i don't have and not capable of paying at this moment. I always get nervous everytime letters reach my place... it's good thing i read your blog, i feel relieved that nothing bad would happen to me... Thanks again Mr.AG
ReplyDeletegud day po sir...hingi po sna me ng advice po s inyo same po kc ng situation ko about s credit card po..my pnadala po skin n letter about po s demand for payment po ung letter po same po nun example ng letter nyo po...w/in 5days dw po dpt mbayaran ko dw po ung hinihingi nla amount then after ko po bsahin 2mwag po me s legal officer nla bngyan me ng 15days pra mbyaran po ung amount n bngay nla skin pg dw hnd ko nbayran w/in 15 days ia2kyat n dw nla s court ung case ko po..ask ko lng po kung 22o po ung letter n po un kc naalarma po me 1st tym ko po mkareceive po ng letter n gnyan po..pls help me kung 22o po un nklgay s letter...thank you po...
ReplyDeleteNo.
Deletetnks po sir s answer..my tanung p po sna me sir..wat if po sir kung w/in 15days po hnd ko po nbayaran po un 23thou po n hinihingi po nla anu po ung dpt ko po gwin pg 2mwag po cla skin or pdlan po ulit ako ng letter n nkdemanda n po ako..22o din po kya ung cnsbi po ng legal officer po nla n pg nbyaran ko po sknila ung amount clear n dw po ung utang ko s credit card po?...nta2kot po ako bka po my pmunta n pulis pra po hulihin ako or ipatawag po me s court po..this is len..tnxs po...
DeleteHi Len,
Delete1. anu po ung dpt ko po gwin pg 2mwag po cla skin?
A: Answer the phone.
2. or pdlan po ulit ako ng letter n nkdemanda n po ako
A: Worry about it when you receive it.
3. 22o din po kya ung cnsbi po ng legal officer po nla n pg nbyaran ko po sknila ung amount clear n dw po ung utang ko s credit card po?
A: If you have 23k, then go to your credit card company and ask/confirm.
4. nta2kot po ako bka po my pmunta n pulis pra po hulihin ako or ipatawag po me s court po
A: Won't happen.
hi sir,
ReplyDeletethis len again...this morning po tinawagan po ako ng legal officer po ng hsbc po nremind po ung payment ko po...dpt po mbayaran ko po s march 15 eh wla nmn po ako gnun khlaga amount ngau po nkiuasap po ako kung pwede po 5k muna po ibigay ko kso hnd po pumayag po nkiuasp po me pro tinaasan nya po ako ng boses at pnipilit n byaran ko po ng full payment then cnbi ko po sknya n ngemail me s hsbc at nkiusap po n 5k muna po sgot po ng legal hnd dw po ako ka2usapin ng hsbc dpt dw po cia ung kausap ko...bkit po nya cnbi n hnd pwede mkipgusap ung hsbc skin?..bkit po hnd pumpyag po ung legal officer n 5k muna po ung ibgay ko po at hnd me pnkinggan s pkiusap ko po?...if nkpgbgay n po ako ng 5k itu2loy p rin po b nila dalin s korte ung case ko po?..worried n worried n po ako...pls i need your more advice..tnxs sir...len
Hi Len,
DeleteYou don't have to force yourself to come up with the amount on the said date.
Don't get too affected by what he is saying.
That deadline is for him to collect. Not for you to pay.
So expect more calls and more threats. No need to negotiate at this time.
It's ok, calm down.
AG
thank you so much sir ag...:)..one more question po..ok lng po b kung hnd ko n po sagutin ung twag ng legal officer po ng hsbc...tnxs...hnd po kc me mk2log dhil po nta2kot po me...wait ko po ulit ung advice nyo...len
DeleteHi Len,
DeleteIt's better if you answer the call.
Keep in mind that he's trying to scare you.
It's all scripted.
Some of what he'll say may be personal attacks but don't get affected as it's not his money you owe. He's just play acting.
Try counting 1 to 10 in your head first if you feel you want to react to what he's saying. He'll do most of the talking then. And you avoid prolonging the conversation and you get to say just a few words like Hello, ok, thank you, bye.
Not answering the call might just encourage them to escalate their tactics like, calling your office, house, and talking to anybody who does answer.
It's no big deal.
AG
helow po sir ag,
ReplyDeletethank you very much for your more advice...mka2relaxs n po ako ng medyo dhil po s mga advice nyo po ilang days n po hnd me mk2log dhil po s cnbi ng legal officer po skin...thank you po ulit sir..godbless...:)
another question po sir if ok lng po...what if po ngbgay me ng konting amount for example is 4k..continue p rin po me ta2wgan ng legal officer pra po s demand letter n bngay po nla skin at plitin po n byaran po agd ung amount po n bngy po nla skin?...tnxs again...len
ReplyDeleteHi Len,
DeleteAs long as you still have debt, they can continue and do whatever it is they do.
AG
This comment has been removed by the author.
ReplyDeleteHi AG
ReplyDeleteAsk ko Lang po kung ung deLinquent CC ba ay pwedeng mkaapekto sa pLano kong kumuha ng housing Loan sa pagibig? Thank you!
Hi,
DeleteThey could check but there's a higher chance for it to get approved. A Pag-Ibig loan is a secured loan, your house is the collateral. Plus you're an active paying member. Of course it won't help if you go telling them the details of how bad a payer you are.
AG
hello...i was informed by my mom that a police visited my hometown..actually i'm not staying there that much and ng bigay ng number sa akin na contakin ko dahil they were contacted by the police of quezon...ala na din akong balak na kausapin sila at baka me masabi pa akong mali at madali kasi uminit ang ulo ko...so hindi ko na din kinakausap ang mga collectors na tumatawag sa akin..is it okay na di ko na sila kausapin po?...thank you...
ReplyDeleteHi again Jhoeshei,
DeleteIf you don't want to talk to them then that's fine.
AG
Hi Argus!
ReplyDeleteHope you can enlighten me on my problem!
I have the quite the same dilemna. But mine is non-payment of credit card in UAE (Dubai). After more than 3 years of working in Dubai, I lost my job so I decided to go home (Philippines) in 2011. I have left my credit card unpaid.
Recently, according to my family, a kagawad in our barangay came looking for me and informed my family that a person called them informing them about my credit card debt.
So I asked my parents to give my number to whoever called. I was contacted by a secretary of a collection agency and asked me to pay my credit card debt.
They are saying they will send demand letters to my parents and I told them they cannot do that since I was the one who has the debt and not my parents.
They sent me an SMS informing me I have to pay less than 90000 pesos. And sent an email as well and I quote from the letter, "FINAL DEMAND is hereby given to you to pay in full your unpaid account within five (5) days from receipt hereof. Otherwise, our client shall be constrained to file the necessary criminal/civil case in the courts of United Arab Emirates (UAE) which may lead to penalty of imprisonment, as the case may be, as you have submitted to the laws of the non-exclusive jurisdiction of UAE."
Do they have legal grounds to prosecute me here in the Philippines under Philippine Law? What worse could happen since I am not capable of paying that huge amount?
Thanks and God bless!
Claire
Hi Claire,
DeleteYes, they can file a case against you here.
What's the worst that can happen? If you stay here, then not any worse than what everybody here are experiencing from collection agencies. But I'm not sure what would happen if you go back to UAE, as they have a different law or process with regards to credit card defaulters.
AG
hi argus,
ReplyDeletenow hindi ako makatulog kakaisip... 6yrs ago pa yun last bayad ko sa HSBC and nawalan na ako ng work kaya hindi ko na nabayaran... ang tanda ko wala pang 15k yun balance ko kasama na doon un interest ko noon.. nakapag asawa na ako at nakalipat ng bahay... after 6 years ngayon lang po may binigay na letter sakin yun katulong ng inuupahan namin at galing yun s CJM Strategic management solutions, inc.. bigla po ako natakot at hindi mapakali ngayon dahil hindi ko alam gagawin ko... xerox lang yun pirma nun atty na nasa letter tapos po gusto nila bayaran ko yun 21k within 5 months.. wala po ako trabaho at wala rin ako income..
natatakot po ako na baka bumalik at pumunta pa sila sa baranggay namin.. natatakot pa po ako baka mapahiya ako lalo at yun kapitan dito ay tito ng asawa ko...
ano po ba dapat kong gawin hindi po ako mapakali... hindi ko alam kung paano nila natunton yun bago namin address.. plano ko naman bayaran pero hindi pa po sa ngayon dahil walng wala po ako...
sana po matulungan nio po ako...
makukulong po ba ako??
ayoko makulong dahil may anak po ako at napaka bata pa po niya.. hanggang ngayon nanginginig po ako sa takot na kada tahol ng aso ako yun hinahanap ng tao sa labas...
sana po mabigyan nio po ako advice.. salamat po
sorry within 5 days po... nagkamali ako
Deletehi argus,
ReplyDeletenow hindi ako makatulog kakaisip... 6yrs ago pa yun last bayad ko sa HSBC and nawalan na ako ng work kaya hindi ko na nabayaran... ang tanda ko wala pang 15k yun balance ko kasama na doon un interest ko noon.. nakapag asawa na ako at nakalipat ng bahay... after 6 years ngayon lang po may binigay na letter sakin yun katulong ng inuupahan namin at galing yun s CJM Strategic management solutions, inc.. bigla po ako natakot at hindi mapakali ngayon dahil hindi ko alam gagawin ko... xerox lang yun pirma nun atty na nasa letter tapos po gusto nila bayaran ko yun 21k within 5 days.. wala po ako trabaho at wala rin ako income..
natatakot po ako na baka bumalik at pumunta pa sila sa baranggay namin.. natatakot pa po ako baka mapahiya ako lalo at yun kapitan dito ay tito ng asawa ko...
ano po ba dapat kong gawin hindi po ako mapakali... hindi ko alam kung paano nila natunton yun bago namin address.. plano ko naman bayaran pero hindi pa po sa ngayon dahil walng wala po ako...
sana po matulungan nio po ako...
makukulong po ba ako??
ayoko makulong dahil may anak po ako at napaka bata pa po niya.. hanggang ngayon nanginginig po ako sa takot na kada tahol ng aso ako yun hinahanap ng tao sa labas...
sana po mabigyan nio po ako advice.. salamat po
Ashamed and Afraid
Hi Ashamed and Afraid,
Delete1. makukulong po ba ako??
A: No. So there's nothing to be afraid of.
2. baka mapahiya ako lalo at yun kapitan dito ay tito ng asawa ko..
A: Just tell them now. Having unpaid credit card debt is a pretty common story. Nothing to be ashamed of.
Don't believe ANYTHING the collector tells you.
There is no deadline.
Relax.
AG
hi argus,
ReplyDeletethank you very much kasi nabawasan yun takot ko at alam ko yun dapat kong gawin... dahil din asi sa takot ko na pumunta sila dito at magiskandalo napakalaki ng epekto sa akin... pero po sa tulong ng blog mo nakahinga po ako at may natutunan...
sa tingin niyo po ba pupuntahan nila ako dito sa bahay ngayon alam na nila kung saan ako nakatira?
ano po ang dapat kong gawin kung sakaling pumunta sila dito at may kasama pang pulis?
sana mabigyan niyo pa po ako ng advice..
maraming salamat po..
Ashamed and Afraid
Hi Ashamed and Afraid,
Delete1. sa takot ko na pumunta sila dito at magiskandalo...
A: This is exactly the purpose of their visit. To scare you and to embarass you. So that when they ask you to pay xxx amount in 5 days, you would sign an agreement just to see them go.
2. sa tingin niyo po ba pupuntahan nila ako dito sa bahay... at may kasama pang pulis?
A: That's always a possibility. If they do, just don't do or believe anything they say. Someone I know dealt with it by looking so happy to see them, shaking their hands and kept smiling the whole time. His neighbors thought they were old friends who came to visit. But not everybody can do that.
You might not be able to avoid having those feelings of shame and fear. But feelings go away. Charge it to experience.
There are more important things in life to worry about.
AG
Hi Mr. Argus!
ReplyDeleteThanks sa blog mo.. I was surfing the net about this "demand letter" from CC collection agency & I'm glad I found ur blogsite... But pls bear w/ me, I need to attend to my newborn baby so I have not enough time to read all the comments for now... Let me just ask the following questions please:
1) My credit balance (accdg to my BDO cc statement last Feb 6, 2013) was 67k only -- DUE IMMEDIATELY since my last payment was Nov 2013. However, to my surprise, I received a demand letter this morning from ENZI Corporation (BDO colection agency based in Davao City), informing me of my cc outstanding balance amounting to 84k!!! When I calculated, 25% was added to my original outstanding balance of 67k based on BDO cc statement acct! Is this valid? Are they entitled to add 25% to my existing balance?
2) Is it ok if I just pay any amount per month direct to BDO until I pay off my 67k balance & ignore/not negotiate w/ ENZI collection agency?
3) Do I have to pay the original 67k or the 84k demanded by ENZI?
Thanks. Hope u still find time to visit & answer comments from ur blogs..we need people like you who I think has the heart to help & understand us best..
Regards,
Nursing Mom
hello AG,
ReplyDeleteMay tanong lang po ako na halos limang taon ng gumugulo sa akin at sana po ay matulungan nyo ako. Dati po akong nagtatrabaho sa isang company at may multiple CC bago magresigned dahil sa kawalan ng titingin sa anak ko dahil ang nanay ko ay nagkasakit. Lumipat din po kami ng tirahan dahil nademolish ang dati naming tinitirahan. Sa takot ko po sa mga tumatawag nagpalit ako ng number,dahil alam ko naman kahit mangako ako wala din akong maibabayad dahila asawa ko lang ang nagttrabaho, Way back 2009 pa po ito.
Sa ngayon po,gusto sanang bayaran ang cards ko kahit one at a time. May trabaho na din kasi ako at para po maiayos din ang pangalan ko. Medyo malaki na kasi anak ko at di na alagain kaya na ng nanay ko bantayan. Alam ko po na nasa collection agencies na ang accounts ko. Ang kinakatakot ko lang kasi ay ang tumawag sa bangko. Baka kasuhan nila ako ng fraud,kasi di ko sila nainform ng pagreresigned at paglipat ko ng tirahan,plus changing of number pa.
Gusto ko pong isettle ang mga utang ko pero natatakot naman ako balikan nila ng demanda at baka di pa ako makakuha ng amnesty dahil ipapanakot nila ung di ko pag inform ng contact infos ko. Simpleng empleyado lang naman po ako na sumasahod ng minimum sa ngayon na gustong magbayad kahit papano.
Sana matulungan nyo po ako. Gusto ko lang makatulog na ng maayos. Limang taon na po akong walang maayos na tulog dahil pag naalala ko,di ko maiwasang di matakot. Maraming salamat po in advance and God bless!
Worried Mom
Hi Worried Mom,
DeleteNo need to worry.
Just deal with it if you receive a call or a letter.
And don't believe their threats.
AG
pano po ba ang proseso kung gusto ko ng magbayad,the safest po at di mwawalang parang bula na lang ang binayad ko kasi na-scam lang ako. twagan ko na lang po ba ang bank kahit way back 2009 pa po ung utang ko? wala na po ako narereceive na col or text kasi i changed number na and i even tranferred work and residence na po. Just want to clear my name,just for the sake of my job now, baka kasi masira ang name ko at matanggal ako. Ung totoo po, teacher ako now, sa government. Hinintay ko lang po maging stable ang finances ko kasi di ko naman balak tumakbo. Ayoko po ng iskandalo kaya gusto ko maayos to bago pa nila ako mahanap at hiyain sa harap ng kapwa ko guro at mga estudyante. Salamat ng marami AG
DeleteHi Worried Mom,
DeleteIf you have multiple credit card liabilities which you maxed out, start on the account with the smallest credit limit. Go to your credit card issuer and ask them how best to deal with it. At least if they direct you to a collection agency, you'd know that the agency is legit.
AG
if ever they directed me to a CA,what is the next step to do? since you say they are legit if the bank is the one who gave them, do i have to pay the full amount they are asking or do i have to ask for a statement of account first?What legal documents should i be asking them if ever we agreed to a particular amount which i can afford to pay? Thanks More power!
DeleteHi Worried Mom,
Delete1. Ask for a discount. You shouldn't really be paying more than your card's credit limit.
2. Keep copies of your duly notarized payment terms. Keep your payment receipts.
3. Tell them you will need a certificate of full payment once you're done paying.
AG
What is the worst thing would happen, if I will not pay my hsbc cc? Can they file me a case about this? Will I go to jail?
ReplyDeleteHi,
DeleteThey can file a case, but you won't go to jail.
AG
Good Day,
ReplyDeleteI have money to pay my credit card. CJM is handling my account. How will i know if they are legal and not bogus, also, if they will waived my debts after paying the amount stated on the contract agreement.
Thank you.
MCB
Hi MCB,
DeleteYou could ask your credit card issuer (bank) if they have any info or advice regarding your payment plan/contract agreement with CJM and if the bank itself can issue you the certification.
Better yet, ask your bank if you could still make your payments thru the bank under your old credit card account. If they agree (in writing, notarized), just fax your payment receipts to CJM instead of you paying directly to CJM.
If the bank says they know nothing about CJM or if they say they can't issue you a certificate for payments made thru CJM, well there's your answer.
AG
AG,
DeleteThank you so much! big help.
Good day!
MCB
Hi Anonymous and AG,
DeleteI received a letter as well and planning to pay. I called HSBC and they gave me the contact number of their credit department but they're close as of this writing. Anonymous, I would just like to ask if you contacted HSBC and how did you continue on paying?
Thanks
Good day sir AG,3 years ago tumawag ako Sa citibank regarding sa credit card ko gusto ko na kasing ipa cancel that time around 70k ang utang ko pro I promise na babayaran ko Ito within 2-3 years pero di sila pumayag Kung gusto ko daw bayaran ko muna ang whole amount kaso lang di ko kayang bayaran ng bou kaya that time wla akong nagawa,after a year pinadalhan na naman nila ako ng panibagong cc kaya tinawagan ko kaagad sila sinabi ko na huwag na nilang I renew d nanaman sila pumayag kaya last year I decided not to pay it starting November kasi every month tumatawag ako as kanila asking for amnesty pero palagi nilang sinasabi try to call next mos.baka May offer na as of now Wala pa talaga "kaya tinanong ko yung citibank representative Kung ano ba ang qualification para mabigyan ng amnesty pro wla silang sinasabi basta ang palagi lang nilang sagot Sa akin "as of now ma'am active kasi ang accnt mo may natatanggap daw sila na bayad kc po kahit papaano nagbabayad ako ng minimum amount or mahigit pa.last feb.may na receive ako na demand letter from citibank at email din galing Sa 24k law firm demanding me to pay the amount of 107k,di k binayaran ang hinihingi nila na amount kasi may problema ako Sa financial.TOday may natanggap na naman akong demand letter galing Sa 24k Europa law firm na kailangan ko daw na bayaran ang buong halaga or else they will file a case with imprisonment of 6-10 years.i hope matulungan mo ako Kung ano ba dapat ang gagawin ko.makukulong ba ako?Sana po you will reply.thank you
ReplyDeleteHi Lin,
DeleteNo, you won't go to jail.
Just be ready for more of those kinds of calls and letters.
Don't worry about it as much as you're doing right now.
AG
Thank you po talaga sir AG .God bless you! Ang dami nyo pong natutulungan.
DeleteGood day po sir AG,tanong ko lang po sana Kung Saan dapat ako tatawag Kung sakasakaling I sesettle ko na ang accnt.ko Sa bank ba or Sa CA?hihingi po din ako ng amnesty at pwede po ba yun sir na I insist ko sa kanila na yung lahat na binayad ko since July na puro minimum at more than minimum amount na ibabawas nila kc po since July di ko na rin ginagamit ang CC ko.wla nman po talaga akong balak na takasan ang obligasyon ko kaso lang po talagang may problema ako Sa financial ako lang kc ang tumutulong as mga magi lang ko Sa nagpapa areal as apat ko na pamangkin takot din po kc ako na baka maapektuhan in the future ang mga anak ko they will apply any loan.sir ask ko lang din po Kung ma trace ba nila husband ko foreigner kc husband ko di din kc alam ng husband ko about dito ang pagkakaalam Nya na matagal ko nang piña cancel ang card na Ito at ang alam lang Nya ay ang 3 ko kong existing CC which is bdo metrobank at bpi.i need your help po and I hope that you will reply me again.thank you
DeleteHi Lin,
Delete1. No need to call the CA. If you already can afford to pay, approach your bank first for proper guidance.
2. Whatever you did pay since July as you said would already have been credited to your CC balance. The interest charges though would have effectively erased your payments though as it continued to accumulate when you stopped paying regardless of whether you have been using the card or not.
3. Whether they can trace your husband or not, one day he'd be spending a quiet day at home and you're at the supermarket and he's gonna answer the phone and the CA is on the other end.. what then?
Your CC balance ain't your problem. That's nothing.
If I was your husband and you couldn't tell me?! hmm..
You remind me of Cadet 1st Class Aldrin Cudia. He said he ain't lying, unfortunately he didn't tell the whole truth either... and he got thrown out.
AG
Hello po sir AG please reply me.thank you
DeleteThank you po talaga sir AG ang laki po talaga ng naitulong mo Sa aming lahat sana po ipagpatuloy mo pa ang pagtulong Sa mga taong nangangailangan sayo.GOD BLESS YOU!LONG LIVE.
DeleteI sir a I also have a same scenario like the other blogger. I have a cc which I don't pay for about 4 months and now the CA molaer law office been bugging me and my family about my unpaid cc. Kanina lang may nagpunta ng messenger dito sa bahay nataon nman na nka leave ako ngyon kaya ako yung nka tangap ng demand letter. Sa una natakot ako sa nabasa ko pero buti may blog na ganito. Since natanggap ko na yung demand letter kinausap ko na din sila na 5k lang kaya Kong bayaran pero Di sila pumayag since 87k dw ang utang ko. Pwede po ba akong magdemand skanila ng amount n kaya ko lang bayaran?
ReplyDeleteHi worried girl,
DeleteNo. Let them come up with an offer you can afford. Until that time comes, you don't have to worry about it.
AG
What if Di ko kaya yung amount na ino offer nila? Kung Di ko ba mbyaran yung amount na hinging nila ano ang pwedeng gain nila sakin. And also I have a dispute form forwarded to hsbc last yr. Until now wala sila binibigay na status sakin. Hangang sa lumaki na yung interest kaya isa un sa dahilan bkit Di ko na binbyaran ang cc ko. Kpag pumunta ba sila sa office ano ang pwede kung sabihin skanila?
ReplyDeleteHi worried girl,
DeleteIf you can't afford the offer then wait for another offer.
They can file a case but they never really do that.
You could tell them you filed a dispute form or how nice the weather is, anything. Nothing will change - because they never really care. They just want to collect. So let them worry about collecting while you worry about yourself and getting back on your feet.
AG
Hi ig knina tumawag ulit yung CA sakin she is asking kung may plano ba dw ba akong bayaran. Di ko alm isasagot ko since ang laki n kc ng amount at isa pa sabi nyo Di rin maaayos yung pinapa dispute ko since wala nmn silang pakialam dun, so meaning Lahat un included sa mga babayran ko. At sinabi nya sakin na ka kausapin ng atty nila yung mngt na pinapasukan ko next week. Natatakot ako sa mga pwede nalang gawin since 1st time ko makaencounter ng ganito. Kinulang lng din tlaga ako sa pangbayad kc nagkasakit parent ko. Please help me how to handle this kind of CA and how to answer their questions correctly yung Di nila pwedeng gamitin against me yung mga sinasagot ko skanila.
DeletePlease help me po on this dilemma. . :(
DeleteHi worried girl,
DeleteIf they ask you if you have plans to pay, then tell them 'yes of course'.
Tell them you can't afford the amount they're asking as you have other obligations.
If you're afraid the CA will call management then go to HR or your manager and tell them first. Explain your situation. This way, they will understand and they will know what to expect if the CA does call.
AG
Hi! Just want you to know about paying your deliquent accounts or credit card. Honestly, I would like to introduce na isa ako sa mga Agent ng Banko. Or specifically a Collections Assistant. Maybe I can help you since regarding with your questions.. :)
ReplyDelete1. Always KNOW you credit limut..syempre if alam mo lang yung credit limit mo at mataas yung sinisingil sa inyo. Ask for DISCOUNT. Meron po yan. Diba nga AMNESTY ang tawag nun.
2. If may demand letter po kayong natanggap, maybe you should call that Agency. And ask if any other options, or pwede rin niyo din sila tawagan and ask if legit sila ng banko and tanungin niyo po yung customer service hotline for your credit card. Always 5 digits lang ang hotline ng banko. Not 7digits.
3. If minumura kayo? Better ignore them :) kasi the more magpapaapekto ka sa mga katulad ko. Mas lalo kang natatakot.
4. Hwag kayong magpapaapekto if may pupunta sa inyo at haharrassin kayo. Or may nagtext sa inyo or any harrassment call. Alam niyo ang solusyon dyan? Mag-complaint sa Banko or diretso sa Banko Sentral ng Pilipinas. Takutin niyo din. Why? Kasi takot din ang mga agent na magcomplaint kayong mga cardholder sa BSP at lalo na kapag VALID angcomplaint niyo. Why again? Dahil may Penalty na babayaran :) lols
5. Blacklist ba kayo sa CMAP/BAP if may deliquent account. YES! Pero maa-update po yan and may naka-status na fully paid. Quarterly nag-aupdate ng mga list. Makukulong ka ba? NOPE! Di ka makukulong. May mga small cases lng na mangyayari. Pero why paabutinn mo ba dun if willing ka naman at ayaw mo lumala pa ang problem mo, right?
-Anyways...eto lang siguro maadvice ko for now..as long as hindi kayo takot and your willing to settle your account and your obligation. For sure makakatulog na kayo ng mahimbing. Why Im telling you this? Para lang po na may idea rin kayo. Yes AGENT ako, pero iba ako sa kanila.. I promise to you that. And lastly, be strong kung may maghaharrass sa inyo. As long as calm ka lang makipag-usap walang mangyayaring harrassment and ofcourse! Kapag nangyari yun? Complaint mo agad! At for now all AGENCIES are required na RECORDED YUNG CONVERSATION NIYO. If it is not recorded. May laban kayo. Bawal na din gumamit ng text at kung may nareceive kayong text para takutin kayo? Oh well, I advice you na complaint niyo na agad :)
Thanks and God Bless All
-AgenyXOXO :)
Good pm nakatanggap po ako ng 3 demand letters from different collection agencies last year. Paiba iba po sila ng amount na dapat ko isettle. Ang pinakamalaki po ay umabot ng 80k. Pano ko po ba malalaman if kaynino collection agency ako dapat magbayad at magtuwala sa sa 3. Gusto ko na po isettle account ko. At very willing po ako bayaran dahil mejo nakaluwag na po ako ng konti. Kaya lang kahapon po may tumawag daw sa station ng police dito samin claiming hepe sya ng taguig at may reklamo na daw po ako don about may cc debt.nagkataon naman po na nandun sa station yung kapt. Ko na cousin kaya nalaman ko. Nagbigay pa nga po daw ng cp number ung "hepe" ng taguig police at tawagan ko daw po yung cp number para maliwanagan ako. Tanong ko lang bakit cp number ang binigay? I was wondering if strategy ito ng collection agent. Anyway, yung story po ng Cc ko is never ko inapply kusa lang po sya dumating sakin. I was paying it b4 kaya lang po nastop nung umabroad ako at nawalan ng work.pwede po ba kasuhan ng estafa? Wala naman kasi ako pinekeng info kasi kusang dumating sakin ung card ng di naman ako nag aapply. Kung makasuhan po b ako at dumating na sopheana ano po dapat ko gawin after. Ayoko po humantong na makasuhan ako. Sa halagang 20k na credit limit na lumubo sa 80k makakasuhan po ako.. im having hard time po talaga trusting collection agencies kasi baka po masapak ko lang madali po kasi uminit ulo ko and i really have a serious problem regarding anger management. Gusto ko lang po matapos na to.
ReplyDeleteHi,
DeleteGo to your credit card issuer (bank) and tell them you are now ready to settle. Ask them if they have any info or advice regarding the collection agency that is contacting you.
Better yet, ask your bank if you could still make your payments thru the bank under your old credit card account. Then ask them for a certificate that you are fully paid if you want.
If the bank says they know nothing about the collection agency or if they say they can't issue you a certificate for payments made thru that collection agency, well there's your answer.
You should not be paying the entire 80k. You could settle up to the amount of your credit limit.
Debt is not a police matter, unless you punch the collector in the face.
AG
Hi Ag!
DeleteThank u very much for enlightening my mind. .. natatakot lang kasi ako na bigla may dumating dito sa bahay or sa barangay at iclaim na may kaso ako.. pwede ba mangyari po yun na kasuhan nila ako without me knowing it? Yung tipong bigla nlng bubulaga sayo. Nakakapraning lang kasi yung tumawag na hepe kuno ng taguig. Bakit sa police station pa samin tumawag?..is it possible po ba na nireklamo nila talaga ko dun or could it be one of their tactics? Anyway, ilang days nalang nman po ang hinihintay ko at mababayaran ko na . Ang credit limit ko po ay 20k lng..ibig sabihin po ba pwedeng kahit yung 20k lng ang bayaran ko ppyag na po sila? Pasensya na po dami ko tanong. Sa ngayon po ang totoo wala ako work. Single mom. Pero willing ko ibayad yung ntitira ko pang pera..pero wag naman sana yung ganon na tatawag pa sila sa lugar na dyosmio! Wala naman kinalaman sa whereabouts ko. Thank you AG sana ma payuhan mo pa po ako ulet.
Hi,
Delete1. If they filed a case against you, you will know about it.
2. It's a tactic. To scare and embarrass you.
3. It would be wiser to wait for payment terms that says you would only have to pay 20k or less. Set your money aside in the meantime.
4. When you're ready to pay, verify with your bank first.
AG
Thank you very much AG! Ang laking tulong ng mga advices mo po. GOD BLESS U!
Deletehello po need your help din po and advice so badly. last wednesday po kasi my pumunta na 2 policemen sa bahay namin sa province nakausap po nila nanay ko syempre nanay ko po natakot ang sabi lng ng 2 pulis eh pinapunta daw cla ng crame need ko daw po makipagusap sa kay fiscal manabat ng taguig prosecutors office binigay po nila ung cellphone number tapos kinuha din po nila ung number ko sa nanay ko. Tinawagan ko po ung number ni fiscal manabt pero d po ako nagpakilala kasi po sa dami ng nababasa ko regarding sa tactic ng mga collection agency nagask po ako kung kanino number ito and saan po ung exact address ng office nila. Hindi po nagpakilala ung sumagot ng phone at ayaw niya din po magbigay ng address.Pinipilit niya po ako sabihin din kung sino ako sinabi ko na lng po may friend po kasi ako na nagpapaverify kung kaninong number ito ayaw niya po sagutin ung tanong ko ko in short po naghang up cia tapos tinawagan ko po cia ulit d niya na po sinagot. May utang po kasi ako 7 years ago sa chinatrust na hindi ko po natapos bayaran. Ano po ung next na gagawin ko if pumunta ulit sa bahay ung mga pulis. Gusto ko na rin po masettle ung utang ko pero po sana sa terms na kaya ko.Mas safe po ba na tumawag na lng ako directly sa chinatrust?Ano po gagawin ko if pumunta ulit ung mga pulis sa bahay ung nanay ko po kasi nagworry na at may highblood po un. Sana po matulungan nio ako.
ReplyDeleteMiss Talkative
Hi Miss Talkative,
DeleteJust tell your mom not to worry. She doesn't need to do anything but tell them she already told you their message. Sending cops as messengers is one of their tactics.
Yes, it's better to contact your bank directly and let them guide you on how you can settle your account if you can afford to pay.
It's also better not to deal with collection agencies that use dirty tactics.
AG
Hello Sir AG,
DeleteThanks so much po sa repky malaking tulong na po ito.Ngaun oo kakatangap ko lng ng txt ang sabi po sa txt stating that na this isnfrom fiscal manabt of taguig city prosecutors office informing me po na may court summon and subpoena will be serve with in 24 hrs regarding violation of bp22 anti bouncing check law and article 315 of the revised penal which is due for court warrant to be assisted by city police. Ask ko lng po if totoo po ba ito need ko na po ba magprepare ng lawyer?if wala pa po me pera to settle the loan can I request for a staggered payment directly to the bank?Need your advice po.
Hi hopefulangel,
DeleteIf it's true, then what are they trying to do, help you escape by tipping you off that the police are coming in the next 10 hours? Or are they boasting they can hold off a court summons in the wee hours of the morning just because you called back.
You can try but banks seldom respond to staggered payments.
Just wait for payment terms you can afford.
AG
Thanks for the reply po medyo kampante na po ako ngaun and yes po cguro magiipon muna ako para may enough money na ako to pay off.You were such a big help po talaga more power po and God bless.
DeleteHi Sir Ag good pm po, same po sa mga problems nila may nagtxt po sa akin kanina na may mag punta daw sa amin bukas excatly 12 noon with sheriff for the warrant of arrest and to check our property po.. kinakabahan po ako masyaho baka ,akulong po ako. totoo kaya na may may warrant of arrest ako? bukas ng 12 noon po daw sila magpunta sa bahay namin. Thanks and hope for reply po.. maraming salamat.. Miss Worried !
ReplyDeleteHi Miss Worried,
DeleteSame as my answer above to hopefulangel.
If I'm a cop or a person who wants to get you, why would I call and tell you that I'll be there and even tell you the time? 12 noon? Is that so you could prepare them something for lunch?
I hope you're not so worried about this. We're not in the middle east.
AG
Hello sir AG ask ko lang po if pwede pa kaya matrace ng bank kung sino gumamit ng cc ko 3 yrs. Ago? Wala po kasi ako talaga nareciv na CC then pagbalik ko from abroad may utang na ko! Pano ko magagamit un nasa abroad nga ako. At hindi ko man lang nahawakan. Di po ba sa pinas bago ka makagamit ng CC hinihingan ng ID at binibigyan ng copy ng resibo ung bank? Possible po kaya na makakuha ako ng copy nun sa bank? Hindi ko po kasi sure kung pati copy ng id ng gumamit ng Cc ay binibigay din ng eatablishment sa bank.. sabi ng iba ko frend hayaan ko na lang at mabubura din yun after 6 yrs. Iniisip ko po pagbalik ko italy baka magkaproblema ako.card holder din ako dun. Ayoko naman po pagdusahan bayaran yung hindi ko naman ginastos! Dagdag pa yung makukulit na CA na kahit anong explain ko ayaw naman maniwala na hindi ko nagamit yun.porke alam na galing ibang bansa panay ang harassment.tas timing na timing pa 1week after ako dumating biglang may naningil na dito.mahirap magiskoba ng kasilyas sa ibang bansa tapos pagdating ko ganito pa mangyayari. Masakit po sa bogote promise!
ReplyDeleteSalamt po.
MR NICE GUY
Hi Mr. Nice Guy,
DeleteThe bank would have the best answer to your questions. I'm sure they can guide you better. Don't be afraid to approach them if you really want to get to the bottom of this. You can look at it this way too - you'll be helping them improve their verification process and avoid losing money over fraudulent transactions.
You want the CA to believe you, but the truth is, whatever you say, they don't really care about that. Because, #1. they really can't do anything about your problem and of course #2, they just want to collect. And they will stress you out till you raise the white flag and shell-out the liras.
AG
Good afternoon sir.
ReplyDeleteI am experiencing the same way. I got a call from Philippine Star saying that someone from Eastwest Bank has paid them to publicize my name and the school where I am working now kapag di ko daw sila binayaran within 24 hours. Totoo po kaya un?
Hi Roselyn,
DeleteNo, because it would cost them 15k+ to put your name in the paper. Would they spend that much? And will you suddenly have money to pay because your name got in the paper?
If he calls you again, ask him if it's ok if they could use your chosen selfie for the newspaper photo.
AG
hi sir, same predicament po. i have unpaid balance sa cc ko po amounting to 68k for one year, may nagtxt sakin na kakasuhan na mga daw aq, tinawagan q sila to ask for payment terms ang sinabi lang sakin ng abogado nila amnesty daw na 40k which i need to settle kinabukasan. sabi ko i will try. sinabihan din ako na pwede daw aq manghiram post dated check sa kaibigan q na may pdc. nagrelent ako to pay , pero 18k pa lang nasettle ko kasi nashort din aq. i sent them a txt msg everydayto update them na may plan aq magbayad un nga lang iniipon ko pa. ang sb dw ng atty nila i need to settle na ung remaining 22k or else itutuloy na daw ung case sakin. pinapatawag aq pero hndi aq nktawag. nagtxt uli aq today sab q i wil pay na the remaining and i gave them the date pero ang sagot sakin naifile na daw ung case. then ngaun may txt uli sakin na may nakasampa na nga daw sa pasig rtc under a certain judge at iseserve na daw ang subpoena today by a certain po3 at sheriff daw po tapos may binigay na name ng ibang atty and phone # na tawagan q daw para mapigilan ang kaso..
ReplyDeletenow i dont know what to do. please help me sir. tnx!
sorry sir i am the one who posted the msg above , u can refer to me as rye. tnx again sir. lpoking forward to your response
DeleteHi rye,
DeleteI replied to your post in '... the Call'
Hello. I received a court summons already 5 days ago. And I am anticipating the others to follow for I already received a registered mail from 2 other cc companies. I am in big trouble. My debts have ballooned to an amount way beyond my capacity to pay. Will they really go after my house and lot to pay my debts? Please advice. Thanks.
ReplyDeleteHi,
DeleteIf it really goes down to garnishment of properties, it is usually things you own of value which are first levied. Only if these are not sufficient will real properties you own become subject. But usually your 'family home' or primary residence is exempt from execution as provided for in the Family Code.
AG
Follow up question-
DeleteThe summons is addressed to both of us husband and wife. Would you know if my spouse is also under obligation to pay my debts even if he has nothing to do with it (he has not signed any document and is not really aware of how much or how many cc I have).
Hi,
DeleteOur country's Family Code adheres to the system of Absolute Community of Property. Meaning everything a couple has by default is considered jointly owned. This includes 'Debts and obligations contracted by either spouse without the consent of the other to the extent that the family may have been benefited'.
AG
So I am looking at our 2nd lot (a vacant lot) then that is the one in danger which is in my husband's name. I guess we need to donate that one now to our children. Do you think that is the right option? I don't care if they take all of my old furniture in the house. I have no way to pay all of my debts at this moment. Given longer time maybe I could, but that would mean my hands being tied for many many years paying them. I am in the same boat as the people commenting here, losing not really to the debts themselves, but to the interests and charges. I can never ever breathe even now imagining the worst. Thank you so much.
DeleteHi,
DeleteYou could also be over thinking this.
Also the interest and charges is something definitely contestable. It does not mean you have to pay for every cent they say you owe.
If you have time, you may want to read this credit card collection case.
It would be very similar to your case I presume.
http://sc.judiciary.gov.ph/jurisprudence/2012/november2012/200868.pdf
To sum it up, the interests and charges were reduced to 1% per month (12% per year) and debt was reduced to actual principal and award of attorney's fees to plaintiff was removed.
Breathe. All is well.
AG
Hi Sir AG,
ReplyDeletei have the same situation sa lahat ng nagpopost dito, i have 7 credit cards sa pinas 2 years ago at bago ko umalis ok naman ang credit standing ko kahit pamini-minimum lang nababayaran ko sa ibang cards ko at wala pang naninigil sa kin that time, until i decided to work abroad at ang ending lahat ng yun napabayaan na. At sa 7 credit card na yun, bukod tanging HSBC lang ang masugid kong manliligaw at sa gulat ko tinatawagan ako dito sa work ko sa dubai. buti na lang ako ang tagasagot ng phone. Binigyan ako ng amnesty program na from 138K eh 25K na lang daw babayaran ko, our conversation happens last month, until yesterday tumawag ulit sila dahil last day na raw nilang hahawakan yung account ko at ipoporward na nila for litigation or if i want daw pwede akong magbayad ng 2500 today para lang maretain sa kanila yung account ko, sabi ko, yung 2500 na ibabayad ko para sayu lang yan, still hindi niyo naman ibabawas yan sa 25K na pinapabayaran niyo sakin sabi ko, then sabi niya in that case ifoforward na nga lang daw nila for litigation, sabi ko go ahead, sue me, atleast its fair and legal. then nagalit siya, sinabihan ako na be ready daw sa mga consequences at sana raw makatulog ako sa gabi sabay baba ng phone. Eh sir AG, afford ko namang bayaran sana yung 25K lalo split payment ay pwede raw, kaso my mga nabasa akong ibang blogs na upon full payment wala silang nakuhang clearance until now at masama pa nito meron na naman ibang collecting agencies ang nanggugulo sa kanila regarding same account. kaya nag-hesitate na rin akong magbayad, on the second thought hindi naman biro yung 25k na ibabayad sa kanila kung pinadala ko yun sa family ko mas napakinabangan pa nila.. tama po ba ginawa ko? please advise naman po. medyo kinakabahan rin ako sa next step na gagawin nila at kailangan ko talaga maging ready, lalo't walang alam ang family ko sa pinas regarding my situation.. Thank you sir.
Hi Aldrin,
DeleteYou're right. Your concern about them being legit is valid.
Until you can personally verify with HSBC and get assurance that your payments will be honored should you shell out your cash. In the meantime save up for your payment so you're ready.
AG
totoo na ba na pwede nila ipahold ang benefits sa sss,philhealth at pag-ibig dahil lang sa unpaid creditcards?
ReplyDeleteHi Margarita,
DeleteHave not heard of it. And besides, what if you are to use your SSS salary loan to pay off your debt, how would you pay them if they tell SSS to hold disbursement of benefits? Or if they tell PhilHealth not to pay your hospital bills, you'll certainly use your money to pay the hospital first instead of your credit card debt right?
If you heard that from the collection agency, next time tell them they don't make sense.
AG
hi, ano po ba yung CIBI. Credit Investigation Bureau. Receive text
ReplyDeleteThis is from Credit Investigation Bureau. Your complaint DEFRAUDING OF CREDITORS. We are going to server our investigation team as SOP. You can still hold by calling.....until 4pm. Otherwise, just prepare with your lawyer for your defense
Thanks
Hi may dumating pong summon sa akin last saturday, na kelangan sagutin ko daw within 10 days,pano po pag hindi ako nakapunta ? Thanks po.
ReplyDeleteHi,
DeleteThe case would proceed and will be judged by default. It's like the Lakers not showing up for an NBA game. The other team wins.
AG
Hi If ever naman po na pumunta ako pra sagutin ang summon,for my cc,ano po ba ang dapat kong gawin thanks po
ReplyDeleteHi ano po ba ang dapat kong gawin pra s summonn n binigay nla,nababaliw n po kasi ako kakaisip thanks po
ReplyDeleteGood evening po,
ReplyDeletePls help me what to do po..meron na kasi pumunta na tao dito sa office namin from PRIMEALLIANCE RECOVERY MANAGEMENT INC. meron binigay na letter na naman sakin pero bago po binigay meron muna tinawagan sa office nila un messenger tapos kinausap ako nung agent pinilit ako na isettle un account ko sa halagang 18k na lang the guy even told me to pay the half tomorrow and the other half on the 24th and asked me to sign a promissory letter nung hindi ko pinirmahan un letter dahil wala naman ako sure na pambayad pinagtaasan nya ko ng boses tapos sinabihan na ayoko talaga isettle un acount kaya ayw ko pumirma..harrasment na po un diba tapos gusto nung messenger na kausapin daw un HR/admin namin regarding sa account ko pero hindi ako pumayad.tama ang naman na di ako pumayag sa gusto nila diba?then pinakausap na ko sa iba ulit thru fone sabi ko ayoko na dahil sinisigaw sigawan ako pero ibang tao na daw un kakausap..tama lang po ba un ginawa ko na hindi pumirma sa letter na gusto nila. ano po mangyayari sakin sa susunod..ano po dapat ko gawin wala pa tlaga ko pambayad..sabi kapag d ko nasettle til feb26 for litigation na daw po,,,PLS HELP ME PLS -cher
Hi what happened sa prob mo? Same prob here.
Deletehello po, i just saw your blog about the worries of cc debts. I too am in the same dilemma. I have unpaid cc debts since 2005 and have moved to another country. But each time i want to visit my family back home, i always have this fear of getting arrested or not be able to go out of the country again. I have not followed up anymore the status of my cc debts whether i already have a pending case or subpoena or a court decision. I have not received anything or probably they sent the notices to the address of the apartment i was renting before or to my previous employer. But nothing had been forwarded to me.
ReplyDeleteDo you think that i have a court decision by now after 10yrs of default? Is it possible that i could get arrested or will not be allowed to leave the country anymore? I was able to acquire a foreign citizenship and is using a foreign passport but my name stays the same. Will it be possble that collecting agencies continue to harass even after 10yrs of outstanding bills?
I am thinking of contacting the banks but i still dont have the guts because of fear. I got traumatized with all the harassments i experienced before. One day i will pay for my debts but im still saving for it.
Please enlighten me about all my queries. Im deep worried now as u would like to visit my family soon.
Thank you very much.
Worried
Hi Worried,
DeleteYou can come home anytime.
Your worries are about the consequences of a criminal offence in nature. Having credit card debt is not a crime (unless you used a stolen credit card or used a fake name).
Enjoy the reunion!
AG
Good day sir,
ReplyDeletetanung kulang po sana i have unpaid cc 2009 pa po tapus last week nakatanggap ang parents ko letter fr. attorney na pinapabayad ako 65k agad agad, ang tanung kulang po bakit parang multo at nagising nanaman sila akala ko wala na po dahil almost 6 yrs na nakakalipas, isang tanung kurin po wala po kaya effect sa pag aapply namen papunta Australia with my family ako po kase principal sponsor natatakut po kase ako baka magka problema ako pag kukuha nang mga govt. documents tnx po.
Hi,
DeleteYou have unpaid debts so they remain interested.
This won't affect your documents.
AG
Hi,
ReplyDeleteI am just the same as they are as i read the blog. I know i Have CC na napabayaan ko na way back 2010.
I received text message from my auntie at galing po daw ito sa brgy captain namin.. stating my name and address and the violation of Deceit and Republic Act 8484 sum of money. Minsan na lang po kasi umuuwi sa home address ko. Ngworry na po sila kasi there's SPO3 Concepcion from Camp Crame-CIDG yong tumawag sa kapitan namin and telling they will sheriff my property. Unfortunately, wla nman po akong property. I didn't receive any kind of letter pro ang dami nila sinasabi which maybe ikasira nang name ko. Kaya ang ginawa ko i check my emails and i found out that there's one email offering settlement last march 20, 2015 kaya i call the number na nakalagay sa letter. I ask an amnesty or bagong settlement, di po nila maibigay dahil naiakyat na po daw sa legal dept. They want me to pay the full amount at sabi ko hindi ko po kayang bayaran kaya sana bigyan pa nila ako ng options. From 175K, they offer 70k. which i can pay til may 28. 40k for April and the remaining 30k before may28. but person I talk called me after a minute and telling me that i have to pay 10k that day to prove my willingess to pay dahil yon daw ang sabi nang atty. at hindi na may 28 kundi i have to pay the remaining 60k before april 28. Ang sabi ko I can't produce that big amount. Im willing to pay but hindi pa sa ngayon. Hours passed meron tumawag uli ang telling me that i can pay the partial 10k til monday at binabaan na po ang amount to 60k..so 50k na lang daw hahabulin ko til april 28. Ang gulo po nila eh hindi nman umabot sa ganyang amount ang utang ko nong 2010. Sinisi pa nila ako bakit ko daw pinabayaan na lumubo ang utang ko sa CC. Kaya sabi ko wala kasi akong pambayad, hirap kasi nang buhay. Kaya tanong ko lang sana what should i do eh wla pa akong pera sa ngayon?
Tisha
Follow-up question po pala regarding sa taga Camp-Crame CIDG na tawag lang nang tawag sa kapitan namin at sa auntie ko eh wla pa naman akong nareceive any kind of letter, ano po kaya dapat gawin?
ReplyDeleteTisha
I received a letter from CJM Strategic Management Solutions and they are demanding me to pay 24k within 20 May 2015. Nakaindicate na final demand na daw yun kaya magbayad na daw ako otherwise mapipilitan silang mgsampa ng kaso saken.. Hindi ko na po kasi nbayaran yung HSBC credit card ko dhil nwalan ako ng trabaho nun hanggang sa lumaki na utang ko. Ngayon may work na ako hindi ko naman kyang mgproduce ng ganun halaga on that certain period. Pag hindi buo yung bayad, back to 70 k ulit yung utang ko payable for 3 months. May nakulong na ba dhil hindi nkapagbayad ng credit card? At sino po dito yung nkakatanggap din ng letter from CJM Management? Ano po yung ginawa nyo? Please help me..
ReplyDeleteThanks
Mhie
Parehas pala tayo ng situation.same din nung nakasabi sa letter.sabi nung friend ko ignore lng daw kasi mga collector lng yan.kaso nga lately ung letter sabi final demand.need magbayad ng ganitong amount within 5 days or else magfifile ng casr.anu ginawa mo?may nag home visit ba sayo?galing din ng CJM management ung letter
ReplyDeleteSir, gud day po.. may i ask po, if i have multiple ccards na nadelinquent ko. Estimately it would amount to 400k. Possible po ba na may criminal offense ako. And also po kasi di ko sinasagot mga calls nila.. and yung messenger na pumupunta, pinagsabihan ko family members ko na im no longer living here and di nila accept yung letter.. would it be grounds po for them to file a case? What if ako mismo naabutan ng agent. Can i pretend na im not that person coz u know he might embarass me or something if they learned it was me. Please help. Thanks a lot. Its not easy to be on this situation. I know im bad of not paying my debts especially now that im financially incapable of..
ReplyDeleteThanks po
-lei
Question lang po: Sa kasalukuyan ay may bayarin ako na dalawang credit cards, both ay na-enrol ko sa convert-to-installment program nila. At this moment nasa financial crisis talaga ako and i sent them emails regarding this. What if i will not be able to pay sa next months lolobo na naman ba or posibleng madagdagan ang babayaran ko sa kanila? What must i do?
ReplyDeletehi sir, isa din po ako sa cc holder na sa ngayon ay nahaharass, tapos na po ako sa phone calls at letters.ngayon nman ngpunta na po sa house nmin at inabot ang letter sa kasama ko sa bahay.at sinabi na sa susunod ay ang barangay nman nmin ang pupunta.masyado na po akong nababahala may hypertension pa nman ako, hindi na ako nakakatulog sa gabi at napaparanoid na po ako dahil sa letter po nakalagay na ang Republic Act No.8484, an act Regulating The Issuance And Use Of Access Devices, Prohibiting Fraudulent Acts committed relative thereto, should you abandon or surreptitiously leave your place of employment, business or residence stated in your application or credit card without informing the credit card company of the place where you could actually be found.Ano po ang gagawin ko? natatakot na po ako at lagi na pong kinakabahan.baka tumaas ang dugo ko sa stress.. sa ngayon po ay hindi ko pa po kayang mgbayad dahil sa wala po akong trabaho sa ngayon.please help me...Nabasa ko nman po ang ibang comments dito kaya lng po natakot pa din ako dahil po sa R.A. na yan salamat po
ReplyDeleteSir,please pakisagot nman po at talagang nanganagamba na po ako. ako po ung anonymous dated:Nov.26,2015 at 2:42 Pm
DeleteHi Trisha,
DeleteIf you look at this: '...should you abandon or surreptitiously leave your place of employment, business or residence...' - it clearly does not apply to you since they were able to go to your house and give you the letter which means you did not abandon your residence. So what's the problem?
If you don't have money, why are you so worried? They can't get anything from you.
Relax. Just look for a job.
AG
i just got a letter fr cjm mngmet solutions nakalagay don ung bbyran ko from hsbc from 56k nging 34k nawaived p dw nging 23k so nging 24k n lng dw bbyran ko if ifull payment ko dw mgiging 17k n lng....gusto ko n snang patulan kc mlaki n nrin nmn kkhit ppno ung nbwas kaso lng nghihinayang ako s pera. nag tataka din ako kc lumipat n kmi dto s bocaue pero natunton p din address nmen pano ky nila nalaman un? and possible p b ako n makapag apply ulit ng cc s hsbc if ever makabayad ako.?
ReplyDeletetnong ko rin kung cno po s inyo ung may gnitong case kmuka skin with CJM solutions share nmn ng experiences nyo nagbayad b kayo??
kung ttawag nmn ako s office nmen malalaman nila ung # doon.
Hi, I received a letter from CJM last October. Full payment for me is 14k. I called them and nung una syempre natatakot ako, but they've been very kind. They helped me on how to process the payment and I chose to pay directly sa HSBC. The girl from HSBC office was very kind as well. Gave me a proof of payment and receipt right after.
DeleteHi! I also received a letter from CJM, since my balance ako with HSBC and nung tumawag ako sa kanila, they entertained me and sinagot lahat about my concerns. Nagkaroon din ako ng doubt, so they give me the HSBC hotline number and ask if legit sila. And yes! Legit sila at ang babait pa. And they told me para makuha ko agad ang Certificate ko, direct akong magbabayad sa HSBC BGC. And now, I have my Certificate na. :)
ReplyDeletekaya nababaon ung pilipinas sa utang eh.kac sa mga credit card holder palang na mga balasubas at walang balak mag bayad ng utang..sa mga hindi pa bayad at walang balak mag bayad.nd ba kau nahihiya binayaran na ng bank lahat ng pinurchase nio.ultimo SANITARY NAPKIN habang dinudugo ka binayaran nila.ung mga kinain mu sa mamahaling retaurant ay iniswipe mu pa at pinagmayabayang sa mga kaibigan mu.ung mga pinang grocery,mamahaling celphone at branded na damit binayaran din nila.nd ka ba nahihiya
ReplyDelete???or sadyan makapal lng ung muka??uu walang nakukulong sa utang pro my tinatawag na KARMA.
Hi,
DeleteThat's right, which means it could happen to you too. Losing a job or getting sick and not being able to pay your bills. Let's see you try to pay your credit card first.
AG
Magandang araw kabayan,
ReplyDeleteNais ko lng po itanong at ikumpirma,
wla po kasi ako sa pinas at may balance pa ako na 20k sa credit card, halos one year na din ang nakalipas. ngayon po nkareceive ako ng email mula sa
CJM STRATEGIC MANAGEMENT SOLUTIONS INC.
ang laman ng email
BANK AMNESTY PROGRAM na kung saan ay may offer sila saakin na kaylangan ko magbayad ng 21k at icclosed na daw nila at ifully settled ako.
plano ko ito bayaran agad
pero totoo po ba na clear na ako at fully settled kapag binayaran ko ito ng one time?
Good day po..ask ko lang po about ps bank flexible loan po kasi ako yr 2014 ..35k yung naapproved na loan..kylangan ko po talaga in..Pambayad sa bahay nman na nasanla..1yr lang po ako nagbyad consistent..dhil nwlan ako ngwork Hindi na ako nkabayad..naexperience ko na po ang demand calls,letter at visit sa office at bahay..ngaun po,may pumunta dlawang lalake sa barangay nman..kinausap ung kapitan at humihingi ng tulong na sumama papunta sa Amin pra isheriff ung bhay at mga gamit..taming ko lang po..pwde ba nlang gwin in at totoo po ba yon? Hindi na kaau ako nkatira sa Amin..ung mama ko lang ang tumawag sa akin..talagang nkakahiya at nag aalala pamilya ko na Baka isang araw wla na silang mauwian..
ReplyDeletePlease reply po
Cyra
Anu po ang dpat sabihn at isagot kung eshishireff dw nla bahay at mga gmit namin..tulong namn po please
ReplyDeleteAnu po ang dpat sabihn at isagot kung eshishireff dw nla bahay at mga gmit namin..tulong namn po please
ReplyDeleteHi argus..this is diva..ask ko lng sana kung pwede b ko mkulong bukod s ndi pgbbyad ng cc at ndi ko p pg sbi s bank n lumipat n kmi ng tirahan.at my ngpunta n s dti nmin bhy n mga tnod dw at sbi don s bgong nktira e ipplocked down dw un bhy.my iniwan n kokontakin n sheriff eric jabson dw at ng tnwagn ko pntwag din ako s atty.catherine maurera.at sbi ng atty ang utang ko dw e 67k n kung mgbbgy po ako ng 20k kinbuksan ndi nila itutuloy un kaso..pls.help me po kasi nsstress po ako.thank you po
ReplyDeleteDiva here..nkpg settle ako ng kaya kong ibayad lng pero ayaw n nila tanggapin dpt dw buong 20k un ibgy ko..i ask for the name of the office pero ndi n ngreply ..paulit ulit ko kinontak un atty.pero ndi n sumgot..kelngn ko n lng b hntyin un snsbi nila n court order?
ReplyDeleteDiva po ulit.un pkkpg comm.ko sa atty.n un ngayon e pwede ko b gwin ebidenxa n ndi ko sila tinatakasN at gusto n din silang byaran? pno ko po mllman kung my hinabla n sila skin n kaso?
Delete
ReplyDeleteHi,
Same scenario re cc:
I have metrobank and citibank card.I am a good payer until last year but because of financial problem and my friends who ask me favor to swipe for them cannot be found.I am not able to pay even the minimum amount.The balance now is 373,000php.
Question
1. Received letter of recommendation of civil case, what should be the next step of that on their end.What to do?How would I check if the filed case is valid if ever?
2. My friend abroad got a condo, however her papers are not valid in buying, so I and my husband is co borrower...can they freeze the PDC I gave to the developer?What should be the result if they freeze the checking account under my name but the money is from my friend abroad?
3. If the sheriff will go to our house to collect what would be the right thing to do.Can I call a lawyer as well...or should the bank will notify me before the sheriff will come?
As of now, i do not have money to pay (not all are my purchase- most are my friends purchase).
Thank you and more power.
Hi,
Delete1. Letter of recommendation - it's a means to get your attention. They want to talk. How to check if a filed case is valid? If they filed a case, you will receive a court summons.
2. Can they freeze the PDCs you issued or the checking account? No.
3. The sheriff will not go to your house unless that is the court's judgement from the civil case filed.
AG
May i ask if they can deduct my debts to my bank account easily with a court order or so ? How long is the process for them to get money from the bank i have name? Is it legal?
ReplyDeleteHi,
DeleteCheck the terms and conditions of your credit card.
BDO cards has something like this:
... ISSUER may, and is hereby authorized by the CARDHOLDER to set off as full or partial payment, and/or withhold, to the extent permitted by law, at ISSUER’s option and without need of prior notice, all monies, funds, and/or proceeds of securities, investments or receivables which may come into the possession or control of the ISSUER and/or its Related Companies...
So if you have a BDO card and you have funds at BDO, you gave them the right to - deduct as payment from whatever you have that they have control of, and that without prior notice to you.
Is it legal? Yes. You agreed to it when you signed or used the card.
If you don't have assets with the card issuer then a court order is needed. They need to file a civil case - which you'll know about - and they need to get a judgement favorable to their request first.
AG
hello po, i have upaid cc with HSBC. the original amount that i owed them is only 18k but due to unfortunate events i failed to pay my dues. i am jobless for 6 months and today 3 guys went to our house saying to my mother that i need to pay them 28k this friday which for me is really impossible and my mom tell them. she got a response from them that will go to our brgy and city hall to file a complaint and locked our house if i fail to pay them this friday. knowing my mom mi know that she is afraid that i might go to jail she gave her number because the 3 men will not leave the front of our house unless she'll gave her number and answer if i can pay them. i really need your advise on how should i face this.
ReplyDeleteHi po, same scenario, nasa ibang bansan na po ako now mag 6months na po ako hindi nkakabayad sa bank ko sabi po sa dti kong work nasa burue if immigration na daw ang kaso ko at ipapadeport daw po nila ako pag ndi ko naasikaso ung cc ko. Actually po kaya ako nagibang bansa para po makabayad kahit paano. 70k po ang swipe ko pero umabot na po ng 114k ang dapat ko bayaran ngaun po may letter na pong dumting sa ate na na need ko na byaran po. Please help po, mapapadeport po ba nila ako??? Salamat po
ReplyDeleteHi Sir AG, this Albert. Same cased from above but in my case I have received a summon from our barangay. Does that mean that they had already filed any case against my unpaid debts? Should I worry if I cannot attend the summon? Thank you.
ReplyDeleteHi po. Just call me Aquamax. CC holder po ako ng 2 banks.nagka-covid po ako last july 2020 at sa kasamaang palad nawalan ako ng trabaho dahil ayaw na po ako pabalikin ng employer ko at bka makahawa daw ako sa iba kahit may health cert na ako from health center. May unang collecting agency na nag-email sa akin pero I ignore them at nagpalit na rin ako ng contact number kaya hindi na nila ako matawagan.inilipat nila sa isang collecting agency ay same nag email.hindi ko na rin naiwasan na tanggapin ang letter nila.
ReplyDeleteNung panahon na may work ako hindi ako pumapalya sa pagbayad kahit minimum lang.
Question lang po: 1. Dapat ko ba sagutin ang email ng 2nd collecting agency.pero yung unang collecting agency hindi ko naman sinagot email nila. 2.nakikipag coordinate ako sa bank pero pinagtutulakan nila ako sa CA nila.asking sana ako ng consideration na bigyan pa ng panahon magbayad hanggang sa makahanap ng trabaho. 3. Kung tumawag ang CA dpat ko ba sagutin din. 4. Need ko na ba mag email sa BSP to ask assistance dahil sa hindi ako mabigyan ng consideration ng bank ko.
I need your advise.
1. It's ok to reply.
Delete2. If the bank says so, then no need to force the issue.
3. Sure. Just tell them you'll pay when you have money.
4. If CA becomes abusive (threats, intimidation, public shaming) then you should.
No need to issue PDCs, or sign promissory notes with terms you can't keep. Just say no.
AG
Ask q lang po..kc po nakarecieved po aq ng letter saying Last Letter Demand ..nakapaloob po dto na kelangan q magbayad ng 169k+ in just 5days...Dati po kc aq OFW..before nakakabayad aq ng monthly due's kahit pa minimum minimum lang ...but mag 4 yrs na po aq dto sa pinas no job..just a plain housewife inaasahan q lang yung work ng husband q na sakto lang sa pangangailangan nmin...gusto q i settle yan but not this time...i planning to apply abroad again after this pandemic...makakakuha pa ba aq ng NBI as this is a requirements to get a new pasport...And last nila na pangungulit to pay this was last 3-4yrs ago...ngayon lang ulit aq nakatanggap ng letter...
ReplyDeleteAsk q lang po..kc po nakarecieved po aq ng letter saying Last Letter Demand ..nakapaloob po dto na kelangan q magbayad ng 169k+ in just 5days...Dati po kc aq OFW..before nakakabayad aq ng monthly due's kahit pa minimum minimum lang ...but mag 4 yrs na po aq dto sa pinas no job..just a plain housewife inaasahan q lang yung work ng husband q na sakto lang sa pangangailangan nmin...gusto q i settle yan but not this time...i planning to apply abroad again after this pandemic...makakakuha pa ba aq ng NBI as this is a requirements to get a new pasport...And last nila na pangungulit to pay this was last 3-4yrs ago...ngayon lang ulit aq nakatanggap ng letter...
ReplyDeleteYes, you can still get whatever is required for a passport.
DeleteIt would be so sad though to leave your family behind just because of your credit card.
AG