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Note: This Acknowledgement of Debt is free to edit and copy for single personal use and not for re-publication. It is herby advised that before executing a a legal document, always seek the advice of a licensed legal practitioner.


ACKNOWLEDGEMENT OF DEBT


KNOW ALL MEN BY THESE PRESENTS:

I, ______________________________, Filipino, of legal age, single / married to ___________________________ with postal address at ___________________________________________________________ witnesseth:

That I am indebted in the sum of________ (amount in words) __________ PESOS (P 000,000.000), Philippine Currency, to _________________________________________ also a Filipino, of legal age, single / married to _______________________________________ with postal address at ______________________________________________________.

That I shall pay the sum of _________________________________ PESOS (P 000,000.00) unto the said ____________________________ within a period of (state the repayment period - days/months/years) from the execution hereof, with interest at the rate of (state the interest rate in words) (0.0 %) percent per year.

 

IN WITNESS WHEREOF I have affixed my signature hereto this _____ day of ____________, 20__ at ___________________________, Philippines.

_____________________________
(Printed Name Over Signature)

 

WITNESSES:

 

________________________          _______________________

 

 

ACKNOWLEDGEMENT

 

REPUBLIC OF THE PHILIPPINES)
______________________________ )  SS.


BEFORE ME, a Notary Public, this ____day of ________________, personally appeared the following:

 

    Name                   CTC Number                Date/Place Issued

 

(Name of Debtor)         10000000            January 15, 20__ / Manila

(Name of Creditor)        10000000           February 24, 20__ / Pasig

 

IN WITNESS  WHEREOF, I have hereunto set my hand the day, year and place above written.

 
                       


Notary Public



Doc. No. .......;
Page No. .......;
Book No. .......;
Series of 20__.



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Acknowledgement of Debt

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