“Help us to stay online by your kind donation.
Every penny will help.”
Promissory Note Letter of Default
[Mr/Mrs/Ms/Dr] [First Name] [Last Name]
[City] [State] [Zip]
Dear [Mr/Mrs/Ms/Dr] [Last Name]:
PURSUANT to the terms of a certain promissory note dated [Date], 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.
Should you not correct the default or pay the entire outstanding amount within [---] days from the date and signing of this letter, this matter will be forwarded to our counsel for appropriate collection actions.
[Your Telephone Number]