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Butsoy

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It all depends. The law only requires severance pay under certain conditions. The general rule is that if the termination was a just cause (firing - employees' fault), then NO separation (except if sickness) pay.

 

Authorized causes are those there the employers wants to let go employees to save money or cut costs. The law provides a minimum of 1/2 month or 1 month (or multiplied by years of service, whichever is higher) severance pay.

 

Hope that helps.

 

thank you sir. more power!

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I would like to add to the earlier posts. I note that the shares are publicly-listed.

 

It may be worthwhile to check whether the shares are lodged with the Philippine Depositary and Trust Corporation (PDTC). If they are lodged with the PDTC, then there may be no physical stock certificates and the shares may be in the name of a broker/ trading participant under a "jumbo certificate."

 

If you wish to withdraw the shares from the PDTC System, the PDTC has a procedure for upliftment. Under the procedure, the broker will transfer to you the legal title to the shares by surrendering the jumbo certificate of the broker to a stock transfer agent, which then issues a new stock certificate in the name of the shareholder. The expenses for upliftment are for your account.

 

I agree.

 

For that matter, assuming that your uncle has an account with a stock brokerage firm, he might want to check with the firm if it is possible to add his brothers and sisters as his joint account holders and if he can withdraw from the account at a later date leaving his siblings as the beneficial owners of all the shares held in that account. This will avoid having to go through the upliftment procedure and corresponding costs. It will also avoid all the associated fees and expenses of assigning the shares.

 

As with many transfers of this nature, the sooner the better. ;)

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anyone who could help me? my wife and i have a checking account (and/or). my wife who is already deceased has issued pdcs until 2009 as payment for her personal loan. since feb 2008 i have been funding these checks monthly. pag pinasara ko ba ang account liable pa rin ako? pls enlighten me. tia

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dahil hindi naman ikaw ang nag-issue ng cheke, wala kang liability under the Bouncing Checks Law. In other words, walang criminal liability pag sinara mo ang account. Kaya lang, ang utang ng asawa mo ay sagutin ng mga ari-arian na iniwan niya. Kung may mga ari-arian ang asawa mo na minana mo at ng inyong mga anak, ito ay pwedeng habulin ng nagpautang sa asawa mo. Sa madaling salita, pwedeng papanagutin ang mga ari-ariang iniwan ng asawa mo sa utang na iniwan nya, pero ito ay hindi criminal case kundi civil case lamang. (Note: sa karaniwan, kalahati ng mga ari-arian nyo ng mamatay ang asawa mo ay pag-aari ng asawa mo at ito ay minana mo at ng mga anak ninyo )

 

anyone who could help me? my wife and i have a checking account (and/or). my wife who is already deceased has issued pdcs until 2009 as payment for her personal loan. since feb 2008 i have been funding these checks monthly. pag pinasara ko ba ang account liable pa rin ako? pls enlighten me. tia
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As soon as the bank finds out your wife passed away it will not honor the checks as these checks show they have been signed when she was already dead. You should settle the estate of your wife since part of the funds of the account which belong to her have been transmitted to heirs or others either by her will or if wihtout one by operation of law. The funds in the account would have to be included in her estate for determination of the estate tax and then the ownership of the amount deemed to be her property disposed of in accordance with her will or through intestate succession. You will not be allowed to issue checks yourself until determination of the ownership of the account. Actually, there is a provision in joint accounts stating that both the account holders should be alive whenever withdrawals or checks are issued.

Edited by moed
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Hi Team,

 

I need your help,,may question lang ako pag dating sa pag-papagawa ng Bahay....kc meron kming loteng nabili d2 sa QC banda....then balak na namin patayuan ng bahay.....ano ano ba ang mga requirements na kelangan namin before mag patayo ng bahay,,saka pag dating sa building permit mga mag kano kya ang magagastos namin.....?

 

 

Another question...

 

 

Isa pa may nabili kming lote jan sa may bandang bulacan total of 150 square meter na with total amount of more or less 600k ...then nkapag hulog na kmi ng mga 100k then kaso prang gusto na namin i-atras ang pag huhulog kc prang hindi na nmin kayang bayaran kc mga more or less 15k sya per month.....may chance pa ba kmi na ma-i-refund yung na ihulog namin na 100k?

 

 

Mga kapatid please give me some idea nman.....HELP nman po...please....

 

wait ko nlang mga reply nyo ha.....

 

 

 

Advance thanks for your help.............

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1. ano ano ba ang mga requirements na kelangan namin before mag patayo ng bahay

 

pera! pera! pera!

 

seriously, ayon sa buidling permit form ng QC, kailangan mo ng

 

SITE DEVELOPMENT & LOCATION PLAN

ARCHITECTURAL PLAN & SPECIFICATIONS

STRUCTURAL DESIGN & COMPUTATIONS

SANITARY/PLUMBING PLANS & SPECIFICATIONS

ELECTRICAL PLANS & SPECIFICATION

MECHANICAL PLANS & SPECIFICATIONS

LOGBOOK (1COPY)

 

mangangailanagn ka rin ng:

 

1. LOCATIONAL CLEARANCE from the City Planning and Development Office, 10th floor, Quezon City Hall Building;

2. After securing the Locational Clearance, secure FIRE SAFETY INSPECTION SHEET from the Quezon City Fire Protection Office, Quezon City Hall Compound.

 

 

2. pag dating sa building permit mga mag kano kya ang magagastos namin.....?

 

nasa ordinance ng QC ang rates for building permit, pinakamaganda tumawag ka at magtanong sa:

 

Engineering Department 8th Floor QC Hall Main Building (this office takes charge of the issuance of Building Permit/ Repair/ Renovation/ Permit/ Certificate of Occupancy)

 

Engr. Joselito B. Cabungcal

Officer-in-Charge

928-47-92

434-08-77

924-16-61

 

Siyempre, kung gagamit ka ng fixer o taga-lakad, me patong na yun

 

3. ...may nabili kming lote... then nkapag hulog na kmi ng mga 100k then kaso prang gusto na namin i-atras ang pag huhulog kc prang hindi na nmin kayang bayaran... may chance pa ba kmi na ma-i-refund yung na ihulog namin na 100k?

 

ayun sa RA6552:

 

where the buyer has paid at least two years of installments, the buyer is entitled to the following rights in case he defaults in the payment of succeeding installments:

 

xxx xxx xxx

 

(B) If the contract is canceled, the seller shall refund to the buyer the cash surrender value of the payments on the property equivalent to fifty per cent of the total payments made, and, after five years of installments, an additional five per cent every year but not to exceed ninety per cent of the total payments made: Provided, That the actual cancellation of the contract shall take place after thirty days from receipt by the buyer of the notice of cancellation or the demand for rescission of the contract by a notarial act and upon full payment of the cash surrender value to the buyer.

 

Lumalabas, kung mga dalawang taon na kayong naghuhulog ng 15K, mababawi nyo ang 50% ng nahulog niyo + additional 5% ng naihulog for every additional year.

 

Kaya lang, lumalabas sa kwento mo na wala pang dalawang taon kayong naghuhulog at 100K pa lang ang naibabayad nyo. Pag di nyo na itinuloy, wala kayong mababawi, ayun sa RA6552.

 

Ngunit, subalit, datapwat - tingnan mo rin ang kontratang pinirmahan nyo sa pagbili ng lote, baka sakali kasing may nakasaad dun na may makukuha kayo pag kayo ay umatras sa kontrata. Kaya lang, kung walang nakasaad, sorry na lang.

 

 

 

Hi Team,

 

I need your help,,may question lang ako pag dating sa pag-papagawa ng Bahay....kc meron kming loteng nabili d2 sa QC banda....then balak na namin patayuan ng bahay.....ano ano ba ang mga requirements na kelangan namin before mag patayo ng bahay,,saka pag dating sa building permit mga mag kano kya ang magagastos namin.....?

 

 

Another question...

 

 

Isa pa may nabili kming lote jan sa may bandang bulacan total of 150 square meter na with total amount of more or less 600k ...then nkapag hulog na kmi ng mga 100k then kaso prang gusto na namin i-atras ang pag huhulog kc prang hindi na nmin kayang bayaran kc mga more or less 15k sya per month.....may chance pa ba kmi na ma-i-refund yung na ihulog namin na 100k?

 

 

Mga kapatid please give me some idea nman.....HELP nman po...please....

 

wait ko nlang mga reply nyo ha.....

 

 

 

Advance thanks for your help.............

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hi SIr...

 

With regards sa Lupang nkuha nmin kaso hndi na namin kayang i-continue yung bayarin...actually 100k plang yung naihulog namin kung baga yun yung downpayment...then hindi pa kmi nakakapaghulog ulet....may chance pba kmi na ma-refund yun?

 

wait ko nlang ulet yung reply nyo...

 

Advance thanks for your help........... :)

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Who can help me with this??? but before that this is the story.... i went to my gf's haws... bale haws ng parents nya... tito went to the province si tita sa office ...siblings sa school..... after that may pumunta sa house ex-bf ng gf ko nabalitaan andun daw ako ...una kumatok tapos nun di pagbuksan nagwala...tinadyakan at sinuntok and pintuan hanggang masira... so aun na pagpasok sinuntok ko agad...tapos rear naked choke...nun makakatulog na sya bumunot ng balisong pero natapik ko gang sa nabitawan tapos suntukan tapos na tuhod ko nahilo dumating mga tao aun may pumigil....... anu pwedeng kaso sa tao na ito naitago namin weapon nya and na report na sa caloocan station un pangyayari.can anybody help me with this up to now that person is at large at pwede nya ulitin un..anu pwedeng ikaso sa kanya ...???gaano katagal ang parusa ng ganun at sino pwede tumulong sken para mahuli sya w/out me providing unnecessary na mga lagay .... help mtc experts??? true story toh..happened last week lang....

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Question ulit mga sir

 

May natanong na ko before same case sa frend ko, ask ko na din ulit

 

My frend made a loan, actually ginamit name nya, officemate nya gumamit lahat loan then nung nagkalokoloko bigla na lang nag awol. Ask lang advice mga sir:

 

Ung loan nakapangalan sa frend ko, (this happened 2 yrs ago) nung pumutok na ung problema nakipag usap nmn yung officemate nya na nag loan and nagbigay ng acknowledgement letter stating kung magkano yung loan na kinuha nya.Then yung cooperative, this is where my frend applied his loan, made a letter to my friend na inassume na yung loan and naitransfer na sa acct nung ofcmate nung frend ko.

 

Presently, nireverse nila yung decision and binabalik na nila yung loan ulit dun sa frend ko, based sa letter nung coop, due to uncertainty of paymnt. Tama ba yung ganun? May nagsabi sakin novation of contract na daw un kaya dapat hindi na liable frend ko?

 

 

I hope i stated it right.

 

Any info? Help lang po

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Kung klaro sa sulat ng coop na wala nang responsibilidad yung friend mo dun sa utang (at mukhang ganun nga ang tema ng sulat dahil bakit naman nila itra-transfer sa account nung officemate kung sagutin pa rin niya yung utang) , novation na nga yun at di na niya sagutin yun kung "uncertain" ang pagbayad nung officemate sa coop. Wala na rin siyang pananagutan dun sa original na utang (tingnan ang Art. 1295, Civil Code).

 

Question ulit mga sir

 

May natanong na ko before same case sa frend ko, ask ko na din ulit

 

My frend made a loan, actually ginamit name nya, officemate nya gumamit lahat loan then nung nagkalokoloko bigla na lang nag awol. Ask lang advice mga sir:

 

Ung loan nakapangalan sa frend ko, (this happened 2 yrs ago) nung pumutok na ung problema nakipag usap nmn yung officemate nya na nag loan and nagbigay ng acknowledgement letter stating kung magkano yung loan na kinuha nya.Then yung cooperative, this is where my frend applied his loan, made a letter to my friend na inassume na yung loan and naitransfer na sa acct nung ofcmate nung frend ko.

 

Presently, nireverse nila yung decision and binabalik na nila yung loan ulit dun sa frend ko, based sa letter nung coop, due to uncertainty of paymnt. Tama ba yung ganun? May nagsabi sakin novation of contract na daw un kaya dapat hindi na liable frend ko?

 

 

I hope i stated it right.

 

Any info? Help lang po

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