Ang simple answer po dito is:

kung standard ang contract, AT PUMIRMA ANG KAIBIGAN MO SA BOND, wala pong kawala .

You can negotiate with the company for deferred payments, if they will allow it. There is also such a thing as exit negotiations. Depending on the rank of your friend, you exit negotiations may prove fruitful.

During the nego of exit terms, keep in mind that most company do not want to be burdened with legal problems, you may want to try to 'feel' how much your friends company is willing to pay just to be able to avoid a legal clash. Baka may alas kaibigan mo (probable ***ual harassment case, halimbawa, laban sa boss nya, hehehe).

I have been there, and sadly, I have to pay. I consulted a lawyer if I can claim signing under duress and sadly, her answer was no. I signed it freely and I have to abide by the bond.

Ngayon, ibang usapan kung wala pinirmahang bond yung friend mo ha. Puro 'verbal' statements lang na may bond sila.