Legal Question in Bankruptcy in Philippines

couldnt paycredit card bills, went to jail

Hi, id like to ask , im from the philippines , and id like to know what really happens to individuals who cant afford to pay their credit card bills?do they go to jail?

hoping for a response.....

Asked on 11/10/06, 5:58 pm

1 Answer from Attorneys

Reynaldo Destura Destura & Associates Law Offices
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Re: couldnt paycredit card bills, went to jail

It depends on the case that may be filed. If it is a Estafa in relation to Credit Card Fraud Law, then yes. Ordinarily though, credit card companies would merely file civil case, which is not subject to a penalty of imprisonment.

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Answered on 11/12/06, 7:59 pm

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