Legal Question in Credit and Debt Law in Philippines
I was a credit card holder way back 2006. I failed to settle my obligations from the time I was unemployed. The CC sent me a letter to enforce payment. Can they sue me if I won't pay me debts?
Asked on 5/17/11, 7:59 pm
1 Answer from Attorneys
VOLTAIRE T. DUANO
VOLTAIRE T. DUANO LAW OFFICE
Yes,you have an obligation and you defaulted.Thus, they can sue our for collection.
Answered on 5/20/11, 8:42 pm