DIY Legal Forms

“Help us to stay online by your kind donation.

Every penny will help.”

PayPal

Promissory Note Letter of Default

(Type B)

[Company Letterhead]

[Date]

[Mr/Mrs/Ms/Dr] [First Name] [Last Name]

[Title]

[Company]

[Address]

[City] [State] [Zip]

Dear [Mr/Mrs/Ms/Dr] [Last Name]:

Reference is made to a certain promissory note under date of [Date], in the original amount of [$------].

You have defaulted under said note in that the installment due on [Date], 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 [--] days, I shall refer this matter to an attorney resulting in additional costs of collection.

Sincerely,

[Your Name]

[Your Title]

[Your Telephone Number]