TOPIC: unpaid Loans.

unpaid Loans. 5 years 9 months ago #14943

  • Juan
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Hi Sir, Good day!

I would like to ask you for legal advice regarding a loan. A friend borrowed money from me, and we made a contact, complete with payment terms, interest and penalties. I even have her ATM as collateral. However, she has failed to pay and put money into the atm, and she subsequently left the country. I contacted her family, but they do not want to have to do anything about the loan. The total would amount to more than 20,000 pesos. I have already asked the local barangay for help but they could only do so much. Is there a way for me to demand payment without getting a lawyer? I have no means to get one.

Hoping for your help.

Thank you very much.
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unpaid Loans. 5 years 8 months ago #15015

  • Atty. Libayan
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Yes. Just go to the Metropolitan Trail Court and file a case under small claims.
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