Comments on: Liability of a Co-Maker: Distinguished from Guarantor http://jlp-law.com/blog/liability-of-a-co-maker-distinguished-from-guarantor/ Philippine laws and legal system (JLP-Law blog) Fri, 10 Feb 2012 06:59:54 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: anghel http://jlp-law.com/blog/liability-of-a-co-maker-distinguished-from-guarantor/comment-page-1/#comment-19931 anghel Tue, 04 Jan 2011 09:13:06 +0000 http://jlp-law.com/blog/?p=905#comment-19931 gusto k rin po humingi ng tulong. i have the same situation with winters_galdo. the bank want me to pay for the debt of my cousins. since co-maker daw po ako. eh she suggested naireloan k daw po ang loan ng cousin k. pra daw po mabayaran. ipapaabugado n daw po kc nila tapos ippasheriff din daw po ako kc mapapadalhan daw po ako ng notice from sheriff. as of now eh wala rin po akong contact s cousin k. umalis po siya dito sa amin kc madami po siyang pinagkakautangan. tama po b n ireloan un. eh hindi k rin po kayang bayaran ang utang ng cousin ko kc may mga binabayaran din po kasi akong utang namin. at saka pag nagre-loan eh sa akin n iyon ipapangalan. another thing po is co-obligor din po ako sa isang microfinancing n kung saan po eh weekly ang bayad. eh eto po uling pinsan k ang involve. hay! tama po b na magpull-out sila ng gamit namin para isangla para maipangbayad s kanila weekly? hindi po kc sila naalis ng walang naibibigay ng payment. kahit anong paliwanag k n po na wala akong pambayad eh nun time na un eh gipit ako. pilit po nila akong pinauutang s ibang tao para lng po mapunan un monthly payment ng pinsan ko. so ang nangyari eh nag pull-out po sila ng gamit. tama po b iyon? gusto k rin po humingi ng tulong. i have the same situation with winters_galdo. the bank want me to pay for the debt of my cousins. since co-maker daw po ako. eh she suggested naireloan k daw po ang loan ng cousin k. pra daw po mabayaran. ipapaabugado n daw po kc nila tapos ippasheriff din daw po ako kc mapapadalhan daw po ako ng notice from sheriff. as of now eh wala rin po akong contact s cousin k. umalis po siya dito sa amin kc madami po siyang pinagkakautangan. tama po b n ireloan un. eh hindi k rin po kayang bayaran ang utang ng cousin ko kc may mga binabayaran din po kasi akong utang namin. at saka pag nagre-loan eh sa akin n iyon ipapangalan.

another thing po is co-obligor din po ako sa isang microfinancing n kung saan po eh weekly ang bayad. eh eto po uling pinsan k ang involve. hay! tama po b na magpull-out sila ng gamit namin para isangla para maipangbayad s kanila weekly? hindi po kc sila naalis ng walang naibibigay ng payment. kahit anong paliwanag k n po na wala akong pambayad eh nun time na un eh gipit ako. pilit po nila akong pinauutang s ibang tao para lng po mapunan un monthly payment ng pinsan ko. so ang nangyari eh nag pull-out po sila ng gamit. tama po b iyon?

]]> By: winters_galdo http://jlp-law.com/blog/liability-of-a-co-maker-distinguished-from-guarantor/comment-page-1/#comment-13324 winters_galdo Wed, 20 Jan 2010 20:43:50 +0000 http://jlp-law.com/blog/?p=905#comment-13324 i would like to ask, what i can do to stop the lending company from asking me to pay the money that my friend borrowed from them? i signed as a co maker for my friend..she resigned from where i am working now ,and became dilinquent in paying her amortization. when i came to see her parents to ask where their daughter is, they said they dont have contact with her anymore, which is unbelievable...i think they are lying...what i can do with the summon that i received, that is asking me to appear in court within ten days of my receipt of that notice? should i go? and what would be the process then? what if the principal debtor herself would not appear...does it mean,they can force me to pay in behalf of my friend? i would like to ask, what i can do to stop the lending company from asking me to pay the money that my friend borrowed from them? i signed as a co maker for my friend..she resigned from where i am working now ,and became dilinquent in paying her amortization. when i came to see her parents to ask where their daughter is, they said they dont have contact with her anymore, which is unbelievable…i think they are lying…what i can do with the summon that i received, that is asking me to appear in court within ten days of my receipt of that notice?

should i go? and what would be the process then? what if the principal debtor herself would not appear…does it mean,they can force me to pay in behalf of my friend?

]]>