Promissory Note Demand. When setting up a financial agreement with your client, this letter is a must. If you do not have the specific details
of the payment plan written out and signed off on by your client, your agreement might as well be null..void!
It doesn’t matter how many conversations you had explaining you expect of your client.
Verbal agreements don’t hold up in court.
This template can easily be filled in and altered if needed to fit your needs!
$ 00,000.00 St. Petersburg, Florida
May 23, 1986
For VALUE RECEIVED, the undersigned (jointly and severally, if more than one) promises to pay to _____________________the principal sum of _______________________________DOLLARS, ($00,000.00) with interest from date at the rate of ______ ( ) percent per annum on the balance from time to time remaining unpaid. The said principal and interest shall be payable in lawful money of the United States of America at_________________ St. Petersburg, Florida or at such place as may hereafter be designated by written notice from the holder to the maker hereof, on the date and in the manner following: UPON DEMAND AFTER--------------------.
Maker's Address ________________________