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    Acknowledgment of Debt

    Uploaded by

    RexylPacayCainar
    This document is an acknowledgement of debt between a debtor and creditor in the Philippines. It states that the debtor owes the creditor a sum of [amount] Philippine pesos and promises to pay this amount back within [time period] in [payment amount] installments, with [interest rate] interest, until the debt is fully paid. The debtor and two witnesses have signed to verify the agreement.

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

    Acknowledgment of Debt

    Uploaded by

    RexylPacayCainar
    4K views1 page
    This document is an acknowledgement of debt between a debtor and creditor in the Philippines. It states that the debtor owes the creditor a sum of [amount] Philippine pesos and promises to pay this amount back within [time period] in [payment amount] installments, with [interest rate] interest, until the debt is fully paid. The debtor and two witnesses have signed to verify the agreement.

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    Legal Form

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    This document is an acknowledgement of debt between a debtor and creditor in the Philippines. It states that the debtor owes the creditor a sum of [amount] Philippine pesos and promises to pay this amount back within [time period] in [payment amount] installments, with [interest rate] interest, until the debt is fully paid. The debtor and two witnesses have signed to verify the agreement.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    4K views1 page

    Acknowledgment of Debt

    Uploaded by

    RexylPacayCainar
    This document is an acknowledgement of debt between a debtor and creditor in the Philippines. It states that the debtor owes the creditor a sum of [amount] Philippine pesos and promises to pay this amount back within [time period] in [payment amount] installments, with [interest rate] interest, until the debt is fully paid. The debtor and two witnesses have signed to verify the agreement.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    Republic of the Philippines }

    Province of Nueva Vizcaya } S.S.


    Municipality of Villaverde }

    ACKNOWLEDGEMENT OF DEBT

    KNOW ALL MEN BY THESE PRESENTS:

    I, ____________________(Debtor) , Filipino, of legal age, single/married with


    residence at___________________________, after being duly sworn to in accordance
    with law, depose and declare:

    1. That I am indebted in the sum of___________________ (PhP ____________)


    Philippine Currency, to _________________________ (Creditor), who is also
    of legal age, single/married, and a resident of
    _______________________________________.

    2. That I hereby promise and undertake to pay the said indebtedness unto said
    ____________________________ (Creditor), within a period of
    ____________________ (____) (months/years/days) from today, in the
    amount of______________________________________ (PhP__________)
    (monthly/daily) every ________________________________ with interest at
    the rate of ___________________________________ (_____ %) per centum
    per (month/annum) until fully paid.

    IN WITNESS WHEREOF, the parties have hereunto affixed their signatures,


    this_________ day of _____________,__________________, in _____________________,
    Philippines.

    __________________________________
    Affiant

    SIGNED IN THE PRESENCE OF:

    _____________________________ _________________________________
    Witness Witness

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