Legal Question in Credit and Debt Law in Philippines

I have a friend who borrowed last August 2011 for his Wife. he told me that he will pay after a month he gave me his documents ( Certification of Employment, Valid I.D, atm ( that was blocked after a month) and Check (Closed Account) ) He asked me not to deposit the check because it was already closed. He payed me half of the borrowed money last November 2011 and now, he is not responding to my call. what is the best thing I can do? do I need to Bounce the check so I can use this to file a case? but, the half has already paid. Thanks and more power!


Asked on 1/06/12, 6:23 am

1 Answer from Attorneys
VOLTAIRE T. DUANO VOLTAIRE T. DUANO LAW OFFICE

Yes, present it for payment so it will bounce then send him a letter informing him that the checks were dishonored due to "account closed" and demand that he make good the said checks within five banking days from receipt of your letter.Once he failed to comply despite notice you can file a criminal complaint for violation of Batas Pambansa Blg. 22.

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Answered on 2/09/12, 6:26 am


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