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This is to notify you of the dishonor of the following checks that you issued
in our favor for reason that that are drawn against insufficient funds.
When you issued the said checks, you have assured us that there are more
than sufficient funds to cover the said amount, however, the checks were
returned dishonored. Your strong representation that you have sufficient funds in
your bank accounts to cover the above checks is the reason why we loaned to you
the equivalent amount, without which we would not have done so.
Final demand is now made upon you to make good your obligation within
five (5) days from receipt hereof.
Your failure to comply with this demand shall constrain us to hire the
services of a private counsel to file the necessary criminal action against you in
our courts of law. Our lawyer’s fees shall be charged against you.
ROSITO CAGURUNGAN
JOSIE CAGURUNGAN