preciousmgidi
Sep 17, 2009, 11:00 AM
A year ago I lost my job and remained unemplyed for some time ,during the period of my unemployment my full salary was being deposited into my account unawarely.although I knew I had to advise and notify my past employer of this fact,it was out of the circumstances that prevailed that I decided not and I used the money to look for alternative employment.by th time my previous employer noticed and contacted me I had found a new job and I never denied anything and asked my previous employer being a bank if I can arrange with them to pay back the amount in monthly installments.the bank agreed and they said they would draw up a proposal of the monthly installment which I would than have to commit to.I agreed the problem now is that the bank is claiming such a huge amount of my salary that it will be impossible for me to meet any other of my financial commitments.I had followed procedure when my contract was termianated and had accepted that I will no longer be having an in,come because of the banks negligence I was tempted and now I am in this situation.now I am not refusing to reimburse the bank all I want to know is if there is any thing I can do to get the bank to reconsider and to amend their proposed agreement so that I pay a lesser installment each month
Please advise urgently as if I do not sign or respond to the proposal the bank will institute legal action against me.
Please advise urgently as if I do not sign or respond to the proposal the bank will institute legal action against me.