Professional Documents
Culture Documents
Submit the above form together with a copy of your valid ID, the 2 copies of Release of
Chattel Mortgage, and the Original Registered Promissory Note with Chattel Mortgage
They’ll process it and ask you to pay a fee at the cashier. The fee varies on the amount
mortgaged. One time I paid P918, the second time I paid P1,128.
Depending on the availability of the one who will sign, you may get your documents back
that same day or they may ask you to come back. I was asked to come back the next day
because the signatory was on leave that day.
What You will Get Back:
o Official Receipt (OR) of what you paid for
o Assessment form and pay order
o 1 copy of the Release of Chattel Mortgage with the needed stamp and signature
(they’ll keep the other)
o Promissory Note with Chattel Mortgage