Question
credit card in the philippines not paid?
what happens when a person has a credit card unpaid and the credit company says it was already endorsed to a collection agency..here in the philippines. what happens also when the person received a letter due to unpaid credit card that he has been sued and to appear to the court...what happens if he would not appear before the court...here in the philippines how could a person get the best settlement offer for the payment of the unpaid credit. can a person be jailed when he does not appear before the court due to the suit filed because of the unpaid credit card. what will happen if the person with credit does not have any work and any real property in his name to pay the debt please include answers regarding unpaid credit card here in the philippines and what happens
3 years ago - 2 answers
Best Answer
Chosen by Asker
You get jailed -- pure and simple. Philippine justice system may not be as sophisticated as the US, but the collection agencies for example are merciless and more relentless than in the US. They go and visit you to your house and hound you and your relatives Continue to ignore the court summons and you'll be jailed in contempt for ignoring the court. It is bad enough that you spend way more than you can't afford and collect huge unpaid credit card bills -- and then you add to that the fact that you have ignored court summons Wisen up and do the right thing -- pay your debt, go to court, and face the consequences whether jail time or what
by imisidro
3 years ago
Asker's Rating: 
Other Answers
As a matter of procedure, credit card companies monitor its past due accounts and "sells" the unpaid balance to any collecting agents at a discount. The collecting agent initially attempts to collect the balance through mail or phone call, and if no response was received, they normally file a case for non-payment. A letter to appear in court will be sent to delinquent debtor because it is a court procedure. Non-appearance may cause you additional problem. Normally payment procedure is being discussed.
by billy boy- 3 years ago