Letter of Default on Promissory Note



Letter of Default on Promissory Note :




This letter should be typed in the official letter-head of the company.

The Company's Name

Door Number and Street's Name,
Area Name,
City.
Postal Code : XXXXXX
Phone Number : 0000 - 123456789


TO :

The Receiver's Name,
Door Number and Street's Name,
Area Name,
City.
Postal Code : XXXXXXX


Date :


Reference :


Dear _____________,


Reference is made to a certain promissory note under date of _, 19_, in the original amount of $_.


You have defaulted under said note in that the installment due on _, 19_, in the amount of $_ 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 $_, including accrued interest to date.


In the event the entire balance is not paid within the next seven days, I shall refer this matter to an attorney resulting in additional costs of collection.


Yours Sincerely,


(The Sender's Signature)


The Sender's Name


Enc. :







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Letter of Default on Promissory Note
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