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  • Debt Acknowledgment Form Sample

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    raziel yurag
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    The debtor acknowledges and confirms to the creditor that they owe a debt of a certain amount in Philippine pesos as of a specified date. This amount includes any legally permitted interest charges accrued up to that date. The debtor further acknowledges that they have no argument with the debt incurred, for which they are solely responsible, and that there are no defenses if the creditor decides to use this form as a confession of judgment in court where allowed by law.

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    The debtor acknowledges and confirms to the creditor that they owe a debt of a certain amount in Philippine pesos as of a specified date. This amount includes any legally permitted interest charges accrued up to that date. The debtor further acknowledges that they have no argument with the debt incurred, for which they are solely responsible, and that there are no defenses if the creditor decides to use this form as a confession of judgment in court where allowed by law.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    34 views2 pages

    Debt Acknowledgment Form Sample

    Uploaded by

    raziel yurag
    The debtor acknowledges and confirms to the creditor that they owe a debt of a certain amount in Philippine pesos as of a specified date. This amount includes any legally permitted interest charges accrued up to that date. The debtor further acknowledges that they have no argument with the debt incurred, for which they are solely responsible, and that there are no defenses if the creditor decides to use this form as a confession of judgment in court where allowed by law.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    DEBT ACKNOWLEDGEMENT FORM DEBT ACKNOWLEDGEMENT FORM

    I, ____________________________________________ the I, ____________________________________________ the


    undersigned, hereby confirm and acknowledge to the Creditor undersigned, hereby confirm and acknowledge to the Creditor
    _____________________________________________ that I _____________________________________________ that I
    am indebted to said Creditor, in the amount of am indebted to said Creditor, in the amount of
    P______________________ PESOS as of the below P______________________ PESOS as of the below
    mentioned date. The indebted amount includes any and all mentioned date. The indebted amount includes any and all
    legally permitted charges such as accrued interest, up to that legally permitted charges such as accrued interest, up to that
    same below mentioned date. same below mentioned date.

    I furthermore acknowledge that I have no argument with said I furthermore acknowledge that I have no argument with said
    debts which were incurred by myself, and for which I am solely debts which were incurred by myself, and for which I am solely
    responsible. This also means that I acknowledge that there are responsible. This also means that I acknowledge that there are
    no defenses should said Creditor decide to use this legal form no defenses should said Creditor decide to use this legal form
    in a court of law as a confession to judgment – where legally in a court of law as a confession to judgment – where legally
    permissible. permissible.

    Signed on this _______ day, of the month ______, in the year Signed on this _______ day, of the month ______, in the year
    ____________. ____________.

    _______________________ _______________________
    Witness Witness

    ______________________ ______________________
    Debtor Debtor

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