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Compromise

The document outlines a financial claim involving the return of 4 million pesos and accrued interest, along with a claim for damages totaling P300,000.00, which includes attorney's fees and compensation for stress. It specifies that the agreed interest is 2% or P80,000.00 per month, with some interest already paid for August to October 2023. Additionally, it notes potential outstanding interest for the period from November 2023 to August 2024, totaling 10 months.

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Joyce Amara
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0% found this document useful (0 votes)
14 views1 page

Compromise

The document outlines a financial claim involving the return of 4 million pesos and accrued interest, along with a claim for damages totaling P300,000.00, which includes attorney's fees and compensation for stress. It specifies that the agreed interest is 2% or P80,000.00 per month, with some interest already paid for August to October 2023. Additionally, it notes potential outstanding interest for the period from November 2023 to August 2024, totaling 10 months.

Uploaded by

Joyce Amara
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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1.

Return the 4 million pesos and accrued interest


2. Claim damages of P300,000.00
a. Attorney’s fees
b. Stress
3. Deduct damages from the accrued interest
4. The agreed interest is 2% or P80,000.00 a month
5. August to September 2023 interest has been paid
6. Only half of October 2023 interest has been paid
7. Possible interest to be paid - November 2023 to August 2024 interest outstanding balance – 10
months
8. Possible interest to be paid - November 2023 to February 2024 – 4 months

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