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  • Acknowledgement of Debit and Promissory Note

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    Marites Bumagat Marzan
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    1) The document acknowledges that [name] owes Josefina De Vera Dagdag P [amount] Philippine currency, to be paid within [number] months with [percentage]% monthly interest. 2) If payment is not made, [name] will pay liquidated damages of [amount]. 3) If legal action is required for collection due to non-payment, [name] will also pay at least 25% of all amounts due as attorney's fees. 4) The document is signed by [name] as the debtor on [date] in the presence of two witnesses.

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    1) The document acknowledges that [name] owes Josefina De Vera Dagdag P [amount] Philippine currency, to be paid within [number] months with [percentage]% monthly interest. 2) If payment is not made, [name] will pay liquidated damages of [amount]. 3) If legal action is required for collection due to non-payment, [name] will also pay at least 25% of all amounts due as attorney's fees. 4) The document is signed by [name] as the debtor on [date] in the presence of two witnesses.

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    6 views1 page

    Acknowledgement of Debit and Promissory Note

    Uploaded by

    Marites Bumagat Marzan
    1) The document acknowledges that [name] owes Josefina De Vera Dagdag P [amount] Philippine currency, to be paid within [number] months with [percentage]% monthly interest. 2) If payment is not made, [name] will pay liquidated damages of [amount]. 3) If legal action is required for collection due to non-payment, [name] will also pay at least 25% of all amounts due as attorney's fees. 4) The document is signed by [name] as the debtor on [date] in the presence of two witnesses.

    Copyright:

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    Download as DOC, PDF, TXT or read online from Scribd
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    ACKNOWLEDGEMENT OF DEBIT AND PROMISSORY NOTE

    KNOW ALL MEN BY THESE PRESENTS: I, ______________________________ of legal age, Filipino, married and a resident of ______________, WITNESSETH: 1. That I am indebted in the sum of ___________________________________________________ pesos, (P __________) Philippine Currency to JOSEFINA DE VERA DAGDAG, of legal age, Filipino, married and a resident of Cabilaoan, Laoac, Pangasinan. That I bind myself to pay the aforesaid obligation unto the said Josefina De Vera Dagdag, her heirs and assigns, within _____________ months from the date hereof, together with the agreed interest of ___________ percent ( _____ % ) a month. That I should fail to comply herewith; I shall be liable for liquidated damages in the amount of ___________________________. That if this matter is brought to Court for collection because of non-payment, I further to pay attorneys fees of not less than 25% of all amounts due. _______________, ___________________.

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    IN WITNESS WHEREOF, I have here unto set my hand this _______ day of ________________________ , 2013, at Cabilaoan, Laoac, Pangasinan. _____________________________ Debtor Signed in the Presence of: _____________________________ _____________________________

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