Letter of Default on Promissory Note

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This particular legal document or agreement of assignment is used to assist in a letter of default on a promissory note . See other legal documents that you may be interested in at https://www.templateguru.co.za/templates/legal/


DEFAULT ON PROMISSORY NOTE Dear [CONTACT NAME] Reference is made to the promissory note dated [DATE] in the original amount of [AMOUNT]. You have defaulted under said note in that the instalment due on [DATE] in the amount of [AMOUNT] has not been paid.Accordingly demand is hereby made upon you for full payment of the entire balance on said note in the amount of [AMOUNT] including accrued interest to date. In the event the entire balance is not paid within the next [NUMBER] days I shall refer this matter to an attorney resulting in additional costs of collection.


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  • 1.0.0 Version
  • 28 Download
  • 22.19 KB File Size
  • 1 File Count
  • January 1, 2018 Create Date
  • January 1, 2018 Last Updated
  • http://www.lawyers-in-usa.com Source
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