Unpaid loan

So my friend's mom used to work in HK.

Her friends asked her to get a loan for them but by the time that they have to payback, her friends ran away. Someone received a message at facebook from a guy, a legal assistant in HK(says on his FB account) and a collection agent(also says on his fb), saying that she needs to pay up her debt or they're going to make legal actions or whatever.

The thing is, the person who received this message was my friend's cousin. Who was just asking/borrowing money to them last week. They don't know what to do. So any advice will do. I'll include the message that they received below.

"Good day! Please inform (Mom's name) that this will be our last and final ultimatum regarding her Personal Loan Obligation in HONG KONG. If we do not receive her payment and response within this month, we will now proceed to appropriate legal actions against her.

In which event, she may be held liable not only for the principle amount but also for damages, related to the litigation expenses and cost of suit. If a court order will be issued in HK DISTRICT COURT, we will have the judgement enforced in the Philippines through a petition for Enforcement of Foreign Judgement."

And the rest is just the name and contact number of the attorney. The lawyer is from the Philippines.

3 replies

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wilbur134 · 21 March

hi junmardicio i have another post on this forum relating to loan/credit card debt. basically ive been let go and ive some outstanding debt in hk(about 150K). im unable to pay back and ill be forced return to the uk this week. i hope to get back on my feet there and hopefully get another job here in a year or so. my question to you is...how did the banks in hk treat you when u defaulted on your loan....did the debt follow you to another country and was there any legal procedding s brought against you? im worried that i will get stopeed at hk airport when i return in a year and be forced to pay the 150K. can you let me know what happened when u defaulted...did u just get letters from teh bank and your bad debt was then passed on to a third party etc.. cheers wilbur

kenwin · 21 March

junmardicio, Please do not be under any misapprehension. In a forum like this you will receive anecdotal advice, or even opionions, but in most cases they are far from the "legal expert advice" you asked for.

junmardicio · 21 March

@wilbur134 - As I said on post, it was 7 years ago, I don't know if the ruling or law back then was different from now. I paid my tax due, cash-in on my MPF. I went to SG stayed there for 2 months, came back here again and stayed for another 3 months and finally I decided to go to USA. After 7 years and with severe recessions in the States I decided to came back here last year. I open up a bank account for my autopay salary, open up a phone line which they saw that I have an outstanding bill with them and I just paid it off. Now I will be nearly 2 years here and wanting to settle everything but don't know where to start. I am just be careful right now not to apply for any credit cards, loan or any promotional financial offer. @kenwin - thanks, I aprreciate it.