Professional Documents
Culture Documents
xxxxxxxxxxxxx,
Defendant.
x---------------------------------------------x
3. In the even that xxx fails to pay any installment of the Settlement
Amount in accordance with the schedule set forth in paragraph 1,
xxx shall be given a non-extendible five (5) days to pay in cash or
Manager’s Check to xxx the outstanding and due installment
Amount.
4. Should xxx fail to pay xxx within the grace period as indicated in
paragraph 2 [sic], the entire Settlement Amount less actual
payments made by xxx shall immediately become due and
demandable without the necessity of further demand or notice, and
xxx shall be entitled to the immediate issuance of a Writ of
Execution by the Court against xxx for the outstanding balance
remaining on the Settlement Amount plus legal interest per annum
until fully paid. xxx”1
1
Attached herewith is a copy of the Compromise Judgment dated xxx and marked as Annex “A”.
2. The Compromise Judgment further provides that the
Defendant’s failure to pay two (2) consecutive installments shall entitle xxx
to apply for a 1% interest per month and a writ of execution.
Total Amount
PRAYER
2
The Defendant issued two (2) other checks for the balance payable on or xxxxxx.
3
Copies of the four (4) Checks are marked as Annexes “B-1” to “B-4”, respectively. The markings on the said
checks indicating the same was drawn against insufficient funds or DAIF when presented for payment are
sub-marked as Annexes “B-1-A”, ““B-2-A”, “B-3-A” and “B-4-A”, respectively.
4
The records will show that said counsel withdrew as the Defendant’s counsel after its receipt of the
Demand Letter.
5
Attached herewith are copies of the Demand Letter(s) received by xxx and his counsel and marked as
Annexes “C” and “D”, while the proof of receipt thereof are sub-marked as Annexes “C-1” and “D-1”,
respectively.
per month after Defendant’s failure to pay two (2) consecutive installment
amounts.
Private complainant prays for other reliefs and remedies just and
equitable under the premises.
[counsel]
Copy furnished:
xxx