A promissory note is an instrument that will allow for a payment or repayment of a debt.  If a debt is owned it is important to get a well written promissory note.  A well written note will help you in the collection process down the line, if needed.

It is one of the hardest things to defend against by a defendant. 

 

 

We recommend having the following terms within the note:

  1. Add all costs of collection
  2. Add an interest provision to include all past due interest.
  3. Venue & Jurisdiction provision, in the event the defendant is out of town.