Re: Story 1
Are forged signatures accepted in these cases? Shouldn’t it that the husband be put in trial, and the old lady’s house stay with her? If this isn’t the case then even our kasambahays can do this to us? Isn’t there any law that prevents the banks taking our properties away in these situations?

I grew up seeing the same thing. When I was ten years old, my father beat up my mom to force her to sign some papers and used our house as collateral to finance his business venture and support his gambling and his mistresses. This is after we already lost our 3 door apartment because he foreclosed it so it will be bought by his sister at a very cheap price. We lost our house and lived renting from room to room until I was able to buy my own house. After 26 years I ran accross my father’s sister who got our 3 room apartment and horror of horrors she has the nerve to ask me about my house insinuating that since I still do not have a child I have to transfer my assets including my house to her children. These kind of people who are really nothing but vultures must disappear from the face of the earth

The owners of the real properties whose signatures were forged can contest the loan documents with the bank and file appropriate legal actions to the forgers. Banks and other financial institutions are expected to be diligent in evaluating their borrowers and doubly strict in accepting collaterals and verifying signatures. Why they spend fortunes in conducting trainings on forgery/fraud for their staff basically to minimize cases such as these.

I think Our Goverment should put a stop on any form of gambling, especially the casinos. The casinos should only be open to foreigners and not to us filipinos. As we know, most of us can be easily addicted to gambling.

I am a lawyer and to answer mives queries…forged signatures in contracts may be contested in court. in fact, a criminal case may be filed against the son-in-law (and possibly the bank manager, because chances are, he knew about the forgery since banks are strict in requiring registered owners of properties to personally appear at the bank). However, the practical side of things may have deterred them from pursuing legal action since they may have to spend a lot of time and money to pursue the case.

To Maria: You should ignore your aunt’s claims since these have no basis in law. Even if you don’t have children of your own, should you pass on without a will, your properties will not go to them. The law provides that your properties shall go to your descendants (children), in their absence, your ascendants (parents), and in their absence, to your siblings. If I were you, I would prepare a will and make sure your vulture relatives won’t be able to touch a cent!

maria

me ganun tao pa din?
as in kamag anak?
ay grabe!

ano gagawin nila sa lupa at bahay?

my goodness!

Our relatives is the closest vultures in our lives and there’s a saying “no one gets jailed for a debt”. We also had that kind of stories. Kami na ang pinag-utangan, kami pa ang masama. Nakipag-away nalang, galit sa isa’t isa, at sama ng loob ang resulta dahil hindi sila makapagbayad. Wala man lang JUSTICE para sa mga inutangan or naloko. Nakakabwisit.

that’s actually true that no one can be jailed for not paying a debt. but there are ways to protect yourself from opportunists. i suggest you treat every debt like a regular business transaction. meaning, put things in writing, get a collateral if possible, etc; that way, you are amply protected. this may seem harsh, especially if the borrower is a relative, but this is more prudent on the part of the lender and you are better off in the long run.

i’ve been in similar situation.. ako na yung inutangan ng kamag-anak ko tapos pag sinisingil ko sila eh parang ako pa yung walang konsiderasyon, kahit na ilang taon na ay hindi pa rin sila nakakabayad..
nakakainis talaga kung iisipin pero siguro hindi ko na lang aasahan na makakabayad pa sila para makabawas sa stress.. hehe

This is a sad story. It definitely reminds us that we should be careful at times with our documents. Some people are too naive about the consequences of their actions. All they know is to have leisure at the expense of others.

story 2

ang ginawa ng ina na pagbabayad ng utang ng kanyang anak sa mga kamag anak ay isang hakbang na ginawa niya dahil sa hiya sa mga kamag anak na pinagkakautangan ng anak.

sa bagay na ito ay wala dapat ikahiya ang ina sa ginawa ng anak.katungkulan ng anak na nangutang na bayaran niya ang kanyang mga utang. ang ginawa ng ina na pagbabayad sa mga kamag anak ay isang pakikialam sa buhay ng anak at isang pagkunsinti sa gawa nitong mali. at bilang isang ina na kunsintidor narapat siyang magdusa.

ang ginawa ng mga kamag anak na paglapit sa ina upang siya ang singilin sa utang ng kanyang anak ay isang tamang pamaraan ng paniningil at sila naman ay nakasingil. kung marunong kang magpautang kailangan marunong kang maningil

ang kamag anak na humihingi ng tulong ay kailangan tulungan. subalit kailangan marunong kang tumulong. ang pagtulong ay hindi humihingi ng kabayaran. kung ang kamag anak ay nangangailangan ng sampung libong piso maaari mo siyang
bigyan ng dalawang daan o limang daan.
at huwag ka ng maghintay ng kabayaran.

subalit kung ang kamag anak ay pautangin mo ng sampung libong piso at hindi ka nabayaran
pasensya ka at huwag magagalit, matuto kang tumulong at matuto kang magpautang.

terrible! that’s soo terrible… lalo na yung lalaking nanguha ng land title.. nag sama lang
im sorry ! but i guess we should have to be careul
kahit na sa mga kamaganak natin!
nakkadepress !

My sis in law borrowed from my wife 1M to pay for a check she issued, without letting me know. Now she is financially OK and with properties to spare but every time my wife reminds her of the 1M , she goes into denial , refuse to acknowledge that she owes my wife anything. It’s sad because right now I can not afford a my kid’s therapy that cost P1,200 a week and I see her goes for massage 3x a week and spend P3,000 for facials weekly..

i borrowed money from my kamag-anaks when my business is down. But i’m proud to say i have paid them all with interest !

Is it really that easy? Just forge a signature and thats it? I believe banks does a lot of BI’s before a loan is approved.

I have stopped lending money to my relatives after they failed to pay me during the agreed timeline. I don’t care anymore if they die or they need help badly. They fooled me once. Never again.

Interesting and informative post, thanks for share!