Acknowledgement of debt between individuals

Description

• The acknowledgement of debt is a written document that attests the existence of a money loan by a creditor to a borrower.
• The acknowledgement of debt can take form of a letter with various clauses, including:
  • The loan amount;
  • The applicable interest rate;
  • The dates of payment;
  • The amount and frequency of payments.
• The acknowledgement of debt is often the only evidence of the loan's existence.
• This evidence could be very useful in the case of:
  • Dispute;
  • Death;
  • Legal action.
• The acknowledgement of debt available on this site is a document that meets your needs for relatively simple loans.

• For loans whereof conditions are more complex, please contact  .

Price

Available option