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Client Letter
Client Letter
2nd Floor, FSUU-CBE Building, P. Burgos St., corner San Francisco St., Butuan City
Tel.nos. 085-2259102; 085-8153868
Email Address: sorreratysalise@gmail.com
WILDELIZA T. DUAY
PUROK 8, A Dagani St. Brgy. Tolosa
Cabadbaran City
Good day.
The aforementioned obligation pertains to the following loans that you have obtained with our
client that have already matured and are already due and demandable:
Principal
Date of Loan Term Date Due Principal Interest Amount Principal
Amount Rate per Paid Balance
(in Pesos) month
Oct. 30, 2017 6 Apr. 30, 207,000.00 1.0% 64,547.50 142,452.50
months 2018
Nov. 20, 2017 6 May 20, 406,000.00 1.5% 34,247.50 371,752.50
months 2017
Interest Computation
Date of Term Date Due Loan Interest No. of months Interest
Loan Balance Rate delinquent Payable
/month (as of June 30,
2021)
Oct. 30, 6 months Apr. 30, 142,452.50 1.0 % 38 months 54,131.95
2017 2018
Nov. 20, 6 months May 20, 371,752.50 1.5% 37 months 206,322.63
2017 2018
Penalty Computation
Date of Term Date Due Loan Penalty No. of months Interest
Loan Balance Rate delinquent Payable
/month (as of June 30,
2021)
Oct. 30, 6 months Apr. 30, 142,452.50 1.0 % 38 months 54,131.95
2017 2018
Nov. 20, 6 months May 20, 371,752.50 1.0% 37 months 137,548.42
2017 2018
It appears that despite repeated demands by our client, still you refused to pay. In this
connection, we are hereby sending you our FIRST DEMAND for you to pay our client the
aforesaid obligation, included herein is the ten percent (10%) as cost of this instant collection
within fifteen (15) days from receipt hereof.
Should you fail to settle your account with our client within the said period, then we shall be
compelled, much to our regret, to file the appropriate cases against you with all the rigors of
court litigation, the shame and inconvenience of public trial, including the attendant demands for
damages, attorney’s fees and litigation expenses. In addition, we might avail of the remedy of
attachment to garnish your bank deposits and attach your properties. To avert a full-blown trial,
you may come to the office of my client to come up with possible remedies which would be
convenient to you and acceptable to our client.
_____________________________
(Signature over printed name)
ATTY. JUDERICK C. RAMOS
For the Firm ___________________________
Date