Money Making Reports
1¾
_________(1)__________
__________(2)______________
__________(3)______________
__________(4)______________
Attention: ______(5)_______
This is to advise you that you are in
default under the terms of the promissory note dated ______(6)______, for failure to make
the payments due thereunder on _________(7)________.
The total amount due for those payments
is $___(8)___. It is imperative that full payment be received on or before ten (10) days
from the date of this letter, or the term for payment of your indebtedness will be
accelerated and the entire principal balance and any unpaid interest will become
immediately due and payable and proper legal action will be taken to enforce payment
thereof.
As you are aware, the terms of the
promissory note provide that interest accrues, from the date of default, at the highest
rate allowable by law, and you are liable, upon default, for all
costs and reasonable attorney's fees incurred in collection. Govern yourself
accordingly.
Sincerely,
_____________(8)_______________
NOTICE
The information in this document is
designed to provide an outline that you can follow when formulating business or personal
plans. Due to the variances of many local, city, county and state laws, we recommend that
you seek professional legal counseling before entering into any contract or agreement.
oÝ
|