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February 26, 2018

____________________

____________________

Dear Madame:

Greetings!

This letter serves as formal demand for you to pay John Doe
amount of P_______________ loaned on _____________. Our client
relayed to us that despite repeated verbal demands for payment you have
not settled the said amount.

You are already in default of the obligation to pay the sum which
was loaned to you plus a 5% interest of the principal amount.

Unless payment of the above amount is received by us in full


within ten (10) days of the date of this letter, we will have no alternative
but to exercise whatever rights and remedies we have under the law to
enforce such payment, including but not limited to institution of legal
proceedings against you to recover the above amount, together with
accrued interest and legal expenses.

Consider this as your final notice.

Sincerely,

ATTY. RICARDO DALISAY

At my instance:

MAJA SALVADOR

Received by:

Date: Time:

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