Neil Arce’s Camp Breaks Silence On Debt Allegations Against Film Producer

Camp of Neil Arce disproved debt allegations against him

A close friend of Neil Arce has spoken regarding the debt allegations against the film producer which surfaced after getting engaged with Angel Locsin.

Many showbiz personalities and fans expressed happiness when the celebrity couple finally announced that they are engaged. Along with this good news, there were speculations that surfaced saying that Neil, allegedly, has “maraming utang”. It was also said that Angel could be the one who will pay for these.

neil arce angel locsin
Photo courtesy of picgra.com

Based on a previous report, allegedly this was because of the unsuccessful movies he produced.

However, as it is known to many that he and his family are really wealthy, Neil said that being a film producer is his passion. This apparently means that it is not mainly his source of income.

In line with this issue, a close friend of Neil Arce disproved the debt allegations. The said friend requested not reveal the identity during an interview with Philippine Entertainment Portal.

angel locsin neil arce
Photo courtesy of ABS-CBN

In addition, the friend of the film producer said even though the movies he produced did not earn well, it will never come to a point that he will borrow money.

According to the source, it is unfair that people would assume that Neil has debts and that it could Angel who will pay all of that.

Granting that Neil has debt, it is impossible for his mother not to help him.

Angel Locsin
Photo from Instagram/ Neil Arce

His friend added that people may forget Neil’s last name Arce because of his middle name as richer.

“Huwag ninyo nang isipin ang apelyidong Arce. Dahil ang mas may pera talaga, ang middle name niya. Napakayaman ng mommy niyan,” the source shared.

The film producer chose not to answer the debt allegations because he does not want to sound like he is bragging about his wealth, based on the article.

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