Legal Question in Credit and Debt Law in Philippines
does not paying credit card debts will lead someone to prison?
Asked on 1/10/10, 6:50 pm
1 Answer from Attorneys
VOLTAIRE T. DUANO
VOLTAIRE T. DUANO LAW OFFICE
It is a Constitutional injunction that no one shall be imprisoned for non payment of debt. On the other hand, I suggest that you should pay your debt to preserve your credit standing. Good luck to you.
Answered on 1/21/10, 5:42 am