Gretchen Fullida borrowed money from Bes Drillon with interest and penalty charges imposed in the contract. Gretchen
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Gretchen Fullida borrowed money from Bes Drillon with interest and penalty charges imposed in the contract. Gretchen failed to pay her obligation; hence, Bes sued Gretchen for collection of sum of money. A compromise agreement was entered into and approved by the court, with a stipulation that in case Gretchen fails to pay, she would pay a penalty of 4% per month. Gretchen failed to pay, hence, a motion for execution was filed. Gretchen opposed the motion on the ground that the penalty is excessive or iniquitous. Rule on the motion of Bes.
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