A Ballpark Figure of the Model's Debt

Image courtesy of www.pxleyes.com

This model and his family members were renting an apartment in Alabang, Muntinlupa City. One day, they just decided to leave the apartment and transfer to another one without settling the unpaid rent and utilities. The landlord was furious with what they did and is currently looking at the possibility of filling a legal case against them.

This might come as a surprise to some of you but this model does have a history of not fulfilling his obligations. A few years ago when he had a gambling problem, his debt to his female manager piled up to more than one million pesos. After closing an endorsement deal for him, she was able to get back five hundred thousand pesos but the remaining balance of more than seven hundred thousand pesos has not been settled till this day. When he finally realized that he will never ever be able to pay off his debt to her, he decided to leave her. He left her house taking with him her Italian bed, her Egyptian cotton bed sheets and their dog. While she tried running after him to get back her things, he started telling common friends that she was stalking him.

Apart from the model, his mother also borrowed one hundred thousand pesos from the manager and never paid her back. She likes to borrow money from people to be able to help her other financial challenged relatives to make her family look big time.

Before I end this story, let me share with you excerpts from William Shakespeare’s The Merchant of Venice:

All that glitters is not gold;

Often have you heard that told:

Many a man his life hath sold

But my outside to behold:

Gilded tombs do worms enfold.

Had you been as wise as bold,

Young in limbs, in judgment old,

Your answer had not been inscroll'd:

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