Cashalo is a debt collection company that is part of the larger TransUnion company. When people do not pay their debts, Cashalo will contact them and try to collect the money owed. If they are unable to collect the money, they will take legal action against the person in order to recover the debt.
You can be sued for not paying a personal loan. You could also be taken to court if you have a co-signer on the loan. If you don’t pay, the lender can take your wages or seize your assets.
Yes, you can go to jail for not paying a personal loan in the Philippines. However, it is unlikely that you will be arrested or jailed for this reason.
There are a couple of things that can happen. The first possibility is that the lender will take legal action against you. If they win the case, they’ll have the right to seize property or garnish wages to pay off the debt. In some cases, they might also be able to put a lien on your home if you’re a homeowner.The second possibility is that the lender will turn over your account to a collections agency.
Yes, if you don’t pay back your loan, you can go to jail.If you have a payday loan and don’t pay it back, you can go to jail.
Yes, you can go to jail for not paying online loans in the Philippines. There are a number of laws that can be enforced against those who refuse to pay their debts.The first is Republic Act (RA) No. 9208 or the “Anti-Plunder Act of 2001.” This law is used against those who have been charged with plunder and have refused to comply with a court order to return the money they have stolen.
Yes. If you default on a loan, the lender can take you to court and get a judgment against you. In some cases, they may garnish your wages or even seize your property to get payment from you.If a borrower defaults on a loan, the lender can take them to court and get a judgment against them. They may garnish the borrower’s wages or seize their property in order to get payment from them.
Debtors who are being pursued by their creditors can be chased for up to six years. The statute of limitations is triggered when the debt has been rendered due and payable.
If you don’t pay back a loan, the lender may take legal action against you. They may sue you in court and try to get a judgment to force you to pay back your debts. If they are successful, they may garnish your wages or seize your bank account to collect on the judgment.
