DIY Legal Forms

Help us to continue by your kind donation.

PayPal

Notice of Default on Note

*** Please strike-out that which is "NOT" applicable and insert all pertinent "facts" and "information" in this notice ***

Date:

Name

Address

RE: NOTICE OF DEFAULT ON NOTE

Dear Sir/Madam:

PURSUANT to the terms of a certain promissory note dated the ________ day of ________, [Month] 20 __, the borrower has failed to make the required payment.

Failure to pay constitutes a default of the promissory note.

PURSUANT to the promissory note, the entire amount, including interest of [$------] is now due and payable.

You are the guarantor of the promissory note. Should you not pay the entire outstanding amount in the following [---] days, this matter will be forwarded for appropriate collection actions.

Sincerely,

______________________