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Promissory Note - Form

This promissory note declares that the debtor received Php __________ from the creditor and promises to pay back the full amount of Php ____________ on or before ________________ (within ___ months/years). If the debtor fails to repay the loan on time, the creditor has the right to take legal action against the debtor, including claiming litigation expenses and attorney's fees. The document was signed by both parties and witnessed on ______________ at Bangued, Abra, Philippines.

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May Ann Fuentes
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204 views1 page

Promissory Note - Form

This promissory note declares that the debtor received Php __________ from the creditor and promises to pay back the full amount of Php ____________ on or before ________________ (within ___ months/years). If the debtor fails to repay the loan on time, the creditor has the right to take legal action against the debtor, including claiming litigation expenses and attorney's fees. The document was signed by both parties and witnessed on ______________ at Bangued, Abra, Philippines.

Uploaded by

May Ann Fuentes
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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PROMISSORY NOTE

KNOW ALL MEN BY THESE PRESENTS:

I, __________________________, Filipino Citizen, of legal age and a


resident of _______________________, do hereby declare that I received the
amount of Php ____________ from __________________________, Filipino, of
legal age, and a resident of __________________________________.

That I hereby obligate myself to pay the amount of Php _______________


on or before __________________________, or for a period of
______________ (months/years) without need of further demand.

If I fail to settle said obligation within said period,


__________________________ has the right to file appropriate action against
me, for which I may be made answerable for litigation expenses including
attorney’s fees.

IN WITNESS HEREOF, I hereunto set my hand this _________________


at Bangued, Abra, Philippines.

Creditor Debtor

WITNESSES:

SUBSCRIBED AND SWORN TO BEFORE ME this


___________________ at Bangued, Abra, Philippines. Affiant
________________________ exhibited and was identified by me through his/her
______ID with No._____________________.

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