Demand and notice for payment - Carroll County District ...
Demand and Notice for Payment on Demand Promissory Note
Date: ______________________________ , 20 _____
To:____________________________________________________
RE: Payment on Demand Promissory Note
Dear ________________________________ :
I am currently the holder of your promissory note dated ___________________________ , 20 _____ , in the amount of $ __________ , which is payable to ___________________________________________________ , the original Noteholder, or to ___________________________________________________ , the holder on demand.
By this notice, I am making a formal demand for payment by you of the full unpaid balance of this note, together with all accrued interest, within ten (10) days of receipt of this letter. The total amount due at this time is $ __________ .
Please contact me at the address and phone number below in order to initiate the payment process. If full payment is not received within ten (10) days from the date of this demand, the note shall be forwarded to our attorneys for legal collection proceedings and you will be immediately liable for all costs of collection, including any additional legal and court costs. Thank you very much for your prompt attention to this serious matter.
Very truly,
_____________________________ Signature of Current Noteholder
_____________________________ Printed Name of Current Noteholder
_____________________________ Address of Current Noteholder
_____________________________ Phone Number of Current Noteholder
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