Tuesday, April 22, 2014

Meralco struggle continues

Meralco struggle continues

Does everyone recall the Meralco struggle where Ryan and I discovered the difference not returned from the initial deposits after seeking the bills to be placed in our name at the Meralco office.  The difference was the amount given when buying the unit and what Meralco eventually took from the developers.  Once that disgusting episode concluded with our getting checks and, I believe, all other Unit Owners getting credits to their accounts with many never told the full story as to what the money was; or after we exposed the telling of the initial excuse not being told correctly and the difference revealed though still not fully explained, the full deposit episode began.

It took over one year for the deposit to be returned which was ours though under Greenfield's name.  We had to give Meralco another deposit to get the name changed and then waited for one year to get the initial deposit back from Greenfield via Meridien.  That struggle involved serious talks and many arguments in several offices.  It was insane.  Eventually, I was told another system took shape.

I have now heard that more Unit Owners are having the bills placed in their names.  But, what about the deposits from original buyers who sold their units and never got the Meralco bill in their name?  What happened to their deposit money under Greenfield's name?  Was this a factor in the selling price and contract?  Will the new owner ever get that money if they change the bill to their name?  Yes, several questions about this and how long to get answers if anyone asks?  I know a century.

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