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Letter Of Default
Letter Of Default
LETTER OF DEFAULT
ON PROMISSORY NOTE
Date: _
To: _
Reference is made to a certain promissory note under date
of _, 19_, in the original amount of $_.
You have defaulted under said note in that the
installment due on _, 19_, 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 the
next seven days, I shall refer this matter to an attorney
resulting in additional costs of collection.
Very truly,
______________________________
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