Simple Promissory Note
Simple Promissory note
The first line will have to have the city state and date.
The second line must include the borrower( name )agreeing to pay the lender(name) the specific amount.
It should also continue with the interest and date.
The last line should be that the parties involved should not default on the agrement.
lastly, the signatures of both parties to endorse the agreement.
Posted by kaaaf on 9/4/2009
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Whether the debtor requests a payment plan, or whether you propose one, once you have both agreed on such a plan, a promissory note is a simple -- but very important document that you should use to give weight to your proposed payment plan.
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