CAGAYAN OFFICE

Summary Entry

date today 4/11/2024

compromise date 4/11/2024

BANAAG, ARLENE M.
B-21 L-26 Grande Subd. Lumbia, CDOC Mis.Or

Loans with Compromise Judgement

SAVINGS REG.
Note:
SHARE CAPITAL -
1. Total obligation P96,430.62
OP
inclusive of litigation
Closing of existing loans 4/11/2024
expenses/filing fees based on
Loans Receivable GL 101.95 96,430.62
compromise agreement dated
Agency Salary Loan - Principal 07129373 65,006.56
04/11/2024
Agency Salary Loan - Interest waived 07129373 22,052.70
Agency Salary Loan - Penalty waived 07129373 7,156.36
2. First payment on 05/30/2024
A/R Filing fee 00013949 2,215.00
and every end of the following
Interest Waived - Loan GL 401.03 22,052.70 months thereafter
Fines Waived - Loan GL 404.03 7,156.36
UI - Loans with Compromise Judgement GL 21021 29,209.06 3. Monthly of 2,008.97 shall be
paid for 48 monthly installments.
SET-UP (with no running int. pa: 4/11/2024
Loans with Compromise Judgement SL 12.139.11 96,430.62 NOTE:
Loans Receivable GL 101.95 96,430.62 PRINCIPAL - 96,430.62
Term - 4yrs/48 mons
A/R LRF (12 months) SL 13.80.11 578.58 Payment - Monthly
A/P LRF 1 YEAR SL 29.197.11 578.58 INTEREST - 0% per annum
Based on Straight line
Payment - Monthly
222,648.88 222,648.88 DUE DATE
- every end of the month
Monthly Amortization Breakdown PENALTY - 0% per annum
2,008.97 48 4 Computed - Monthly
Principal
Grace period - 60days
Interest 1% per month - mos years
Litigation expense/Filing Fees -
Loan Insurance -
per month 2,008.97

Prepared by: Approved by: Checked by:

MARY DEAN S. BACULIO JOHN CAESAR J. ORTEGA RONNEL B. VERGARA

BCD Staff CDO-Branch Manager Legal Staff

Noted by: Approved by:

ATTY. JED TERCIELO R. GARCIA MARGIE T. GUNHURAN

VP Legal Counsel BCD & Legal Manager
 Republic of the Philippines
10 th Judicial Region
MUNICIPAL TRIAL COURT IN CITIES
Branch 1
Cagayan de Oro City
Email add: mtcclcdo00l@judiciary.gov.ph
Contact Number: 09951354669

CEBU CFI COMMUNITY CIVIL CASE NO. M-CDO-24-00470-SMC

COOPERATIVE
Plaintiffls,

-versus- For:

ARLENE M. BANAAG COLLECTION OF SUM OF MONEY

Defendant/s.
======== I

DECISION
(BASED ON COMPROMISE AGREEMENT)

Parties submitted to the court the compromise

agreement with the following terms and conditions, to
wit:

"In the hearing of this Small Claims Case, the parties

appeared and entered a Compromise Agreement under the following
terms and conditions:

The PARTIES, voluntarily and freely submit their

Compromise Agreement in their desire to terminate the
controversy under the following terms and conditions to wit:

1. Defendant ARLENE M. BANAAG admits her total

obligation to Plaintiff in the amount of P96,430.62
which amount shall be paid in installments within 48
equal monthly instalments of not less than p
2,008.97;

2. First instalment shall be due on or before May 30,

2024 and the subsequent instalments on or before the
end of the following months thereafter.

3. Further, the failure on the part of the defendant to

pay Two (2) monthly instalments shall render the
entire obligation or remaining balance due and
demandable and that plaintiff may ask for issuance
of writ of execution.
 r comp romi se
4. Part ies ask the cour t to appr ove thei
and rend ers judg ment in acco rdan ce
agre emen t
ther ewit h.
e on thei r
Part ies are here by affix ed thei r sign atur
comp romi se agre emen t this 11~ day of
Apr il 2024 at
Caga yan de Oro City .

( sgd. ) MARY DEAN BACULO ( sgd. ) ARLENE M. BANAAG

Pla inti ff's Rep rese ntat ive Defe ndan t"
law,
WHEREFORE, the agre emen t not bein g cont rary to
publ ic poli cy, and
mora ls, good custo ms, publ ic mora l and
the Civi l Code of the
purs uant to Arti cles 2028 and 2037 of
and ADOPTED as the
Phil ippi nes, the same is here by APPROVED
Deci sion of this cour t:
BANAAG adm its her tota l
"Def enda nt ARLE NE M.
of P96, 430. 62
obli gati on to Pla inti ff in the amou nt
allm ents with in 48
whic h amou nt shal l be paid in inst
less than
equa l mon thly insta lmen ts of not
2,00 8.97 ;
re May 30,
Firs t insta lmen t shal l be due on or befo
lmen ts on or befo re the
2024 and the subs eque nt insta
end of the follo wing mont hs ther eaft er.
defe ndan t to
Furt her, the failu re on the part of the
l rend er the
pay Two (2) mon thly insta lmen ts shal
bala nce due and
enti re obli gati on or rema ining
for issu ance
dema ndab le and that pla infi ff may ask
of writ of exec utio n."

SO ORDERED.
Dict ated in open cou rt.
11 Apr il 2024 , City of Caga yan de Oro.

.1,•.u.; .,~~s

Pres idin g Judg e

Lsr
CC:

Plai ntiff

Defen dant
 CEBU Cfl COMMUNITY COOPERATIVE
Cft COOP Bullldn&, c.pitol tmpd, Cebu City

-. 'RES111UCTUREO LOAN COMPUTATION SHEU

, 4/11/2.1124

r..anwoCMfrnber BANAAG, ARLENE M.

ml'WUCTUWDLOM IYCOMlftOMQ lU,411.01

A<iltUMINT
"'"I..~ 674.51
a.IP us 674.51
'-IMM 18,720.00
i/r~tdue 2,740.00
i/r up. Ins. 20.00
i/r lRf 390,04
Snl't LOM\- Pt1ndp.)I 65,006.56
Acfflcy 5-'y Lo,n • Interest 25,541.41 ·,enafty Waived:
8 803.20

113,092.52
,
TOTA&. lll,0,2.S2

Total lll,0,2.52 SOAAn:,ount: •

'4,215.62
0

PLUS: Pnlyeramollflt: ~,215.62

Flltn1 fffs 2,215.00
Total SettlementAmounj 115,307.52!
1
Puncip,1 \,
3,U2.T2 36 3 years 3,122.72

tnt~est 11"/-.num 1,124.1_8 mos 1,124.18

Any's Fee
A/R Afna Ftts
LOM1 ms\6llnce
61.53
56.21
, 61.53
4,301.43

al'DOrttz,tion 4,364.64
2,342.04 ,48 4 years , 2,342.04

Interest 12'4/annum 1,124.18 mos 1',124.18

-AD:(sfee
A/R~Ftts 46.15 46.15

le¥! insurance 56.21 3,SU.37

Moothlv amorur.rtlon 3,561.51

1,873.63 60 5 years ,,
Prtnopal l.8~63
Interest ll%/annum 1,124.18 mos i.124'.18
Any's~
A/Rhhntfees 36.92 36.91
Loan UlSt.ranu 56.il 3,034.Jl
Motlthly ~rtizauon 3,090.94

AP.Pfovedby: Checked by:

RQNNEl D, YEBGAM
Main· lt&II Sll!'f

Approved by:

am «o ruau a1, GAftAA MARGIE T. GUNHURAN

e'co & 1,,.1 M1n1ctr

•

CEBU CFI COMMUNITY COOPERATIVE

MAIN OFFICE
d
Esperanza Fiel Garcia Bldg., Cebu Capitol Compoun
Capitol, Cebu City Philippines 6000
Tel No. (032)-255-2525
STATEMENT OF ACCOUNTS
As of October 31, 2023

Name of Member BANAAG, ARLENE M.

Account Number 0001-0790751-8
C Mis. Or
Address B-21 L-26 Vista Grande Subdivision Lumbia, CDO

AMOUNT TOTAL

65,006.56
Agency Salary Loan
22,052.70
Interest Due
7,156.36
Penalty Due

94,215.62
TOTAL OBLIGATION

hly from statement of account date

Remark: Interest and penalty will continue to run mont
at the rate of I% for the interest and I% for the penalty.

ULIO
Prepared by:

'
Checked by:

Noted by:
ranch Manager