Business-in-a-Box's Letter of Default on Promissory Note Template

Letter of Default on Promissory Note Template

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Document description

This letter of default on promissory note template has 1 pages and is a MS Word file type listed under our finance & accounting documents.

Sample of our letter of default on promissory note template:

OBJECT: 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 installment 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 a

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