can we penalized loan sharks in the Philippines?
i have debts in a certain lending company in the Philippines, this debt give me so much headache because even if i give a little amount every month. the amount i paid cant even minus the capital amount instead my debts become bigger and bigger the biggest amount i got from this lending was 30 thousand pesos. then some advances. but take not they are the owner of my monthly paycheck. In 2005 , the owner told me that my debt is already 176 000 pesos. i was crying because how can i pay that amount as a school teacher only receiving 3000 pesos monthly. she told me even if i retire i cant even pay it with my retirement pay. and still now i have to pay my debts, i dont know how much anymore but i think after more than 2 years i will pay maybe 300 thousand pesos. Please help me to solve my problem because i really thought that this is not just anymore. thank you so much for any answer
Public Comments
- You should declare bankruptcy and have the debts discharged by the courts.
- Probably not, yall so darn backwoods. Watch out on someone breaking your legs!!!
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