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Debt Settlement Agreement

This document is a debt settlement agreement between Margie Tubalado and Rodolfo Taguinod from Barangay Cato in Tuao, Cagayan, Philippines. Rodolfo owes Margie an outstanding debt that they have agreed will be paid off in monthly installments of 2,000 pesos starting in May 2023. Both parties, along with witnesses Jesus Blado, Susana Gauani, and Elbert Baligod, the Punong Barangay, signed the agreement to abide by these repayment terms.

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100% found this document useful (3 votes)
3K views2 pages

Debt Settlement Agreement

This document is a debt settlement agreement between Margie Tubalado and Rodolfo Taguinod from Barangay Cato in Tuao, Cagayan, Philippines. Rodolfo owes Margie an outstanding debt that they have agreed will be paid off in monthly installments of 2,000 pesos starting in May 2023. Both parties, along with witnesses Jesus Blado, Susana Gauani, and Elbert Baligod, the Punong Barangay, signed the agreement to abide by these repayment terms.

Uploaded by

Barangay Cato
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
  • Debt Settlement Agreement

Republic of the Philippines

Province of Cagayan
Municipality of Cagayan
BARANGAY CATO

OFFICE OF THE PUNONG BARANGAY


DEBT SETTLEMENT AGREEMENT

Date Effective
This agreement is for the negotiation and compromise of debt under the
following terms and conditions. The parties MARGIE TUBALADO with a mailing
address of Purok 2 Barangay Cato, Tuao, Cagayan shall known as the “creditor”.
RODOLFO M. TAGUINOD with a mailing address of Purok 4 Barangay Cato, Tuao,
Cagayan shall known as the “debtor”.

Debt Settlement. Through the mutual interest of both parties, they agreed
that the outstanding debt shall be mark paid by the debtor amounting to TWO
THOUSAND PESOS (P2,000) monthly starting May 2023.

By signing below, the parties agreed to abide of this condition.

MARGIE TUBALADO RODOLFO M. TAGUINOD


Creditors Signature Debtors Signature

Date: _________ Date: ______

WITNESSES:

JESUS D. BLADO
BRGY. KAGAWAD

SUSANA T. GAUANI
BRGY. KAGAWAD
ELBERT O. BALIGOD
PUNONG BARANGAY

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