Dispute Letter For Repossession Template for Philippines

The Dispute Letter For Repossession is a crucial legal document used in the Philippine jurisdiction when a borrower wishes to contest the repossession of their property by a creditor. This document becomes necessary when there is a disagreement about the legitimacy or legality of a repossession action, whether attempted or completed. The letter must comply with Philippine legal requirements, particularly those outlined in the Civil Code, Chattel Mortgage Law, and Consumer Act. It serves as both a formal protest and a potential precursor to legal action, requiring careful documentation of the dispute grounds, relevant payment history, and supporting evidence. The document is particularly important as it establishes a formal record of the borrower's objection and can help prevent or reverse improper repossession actions while protecting the borrower's legal rights.

1. Sender's Information: Complete name, address, and contact details of the person disputing the repossession

2. Date: Current date of the letter

3. Recipient's Information: Complete name, title, company name, and address of the creditor or their representative

4. Subject Line: Clear indication that this is a dispute letter regarding repossession, including relevant account/loan numbers

5. Loan Information: Details of the loan agreement, including date, original amount, current balance, and property involved

6. Statement of Dispute: Clear explanation of why the repossession is being disputed, including relevant facts and timeline

7. Legal Basis: Citation of relevant laws and regulations supporting the dispute

8. Evidence Reference: List of supporting documents that prove the claims made in the dispute

9. Demand/Request: Specific actions being requested from the creditor

10. Closing Statement: Formal closing including deadline for response and potential legal actions if demands are not met