June 9, 2015

___________
____________
Dear Mr. __________,
This has reference to the complaint of my client, _______________,
regarding your unpaid loan which is long overdue, amounting to
________________________________ plus the proper interest and
penalties, as evidenced by a promissory note you executed dated September 30,
2014. Attached to this letter is a copy of the said promissory note for your
reference.
It appears that you started your transaction with my client in year 2010.
You and my client also agreed that repayment shall be made in weekly
installments, consisting of __________________________ per installment
to be given every Friday of each week and the same shall continue until the
principal is paid in full. It was also agreed upon that alternatively, you may pay
my client in lump sum, Philippine currency. Moreover, if you should fail to make
installment payment when due, you will be considered in default of your
obligation and a penalty for the delayed payment shall be charged equivalent to .
5% for every month that you fail to pay the amount due.
You promised to my client that that you will pay your obligation and for
this purpose, you wrote a promissory note dated ______________.
Unfortunately, you have not yet paid the principal and the interest and penalty
accruing from the date of default in payments, causing my client severe damage
and prejudice and loss of her hard-earned money. She was also forced to incur
additional expenses in engaging the services of a lawyer to enforce the
performance of your contractual obligation.

In view of the foregoing, FINAL DEMAND is made upon you to pay my

client the amount of _______________________________ and an
additional amount of ___________________________ for attorneys
fees, within FIVE (5) days from receipt hereof.
Otherwise, we will be constrained to file the necessary legal action to
protect the interest of my client. Should this happen, we will charge you an
additional amount for attorneys fees, cost of suit, and collection agency costs on
top of your unpaid loan in an amount the court finds to be reasonable.
We trust that you will give this matter your prompt and preferential
attention to avoid the expense and inconvenience of litigation. Please coordinate
with my client for the proper computation of the amount due. Thank you very
much.

Respectfully yours,
ATTY. __________________