A friend borrowed Php 5,000 from me; said he's going to use it to pay his tuition fees. I had him fill out a handwritten from in my notebook showing the amount he borrowed, date borrowed, expected date of payment and his initials. Unfortunately, he hasn't settled his obligations until now... not even a single centavo!
I talked to him several times but he never fulfilled his promises. Now, I learned that he has already moved to another place.
I feel so helpless. Can I report this case to the police? What legal action can I take?
I talked to him several times but he never fulfilled his promises. Now, I learned that he has already moved to another place.
I feel so helpless. Can I report this case to the police? What legal action can I take?