ONLINE LEGAL DOCUMENTS
Acknowledgement of debt
Your acknowledgement of debt to attest in writing the existence of a loan between the lender and the borrower...more
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- 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:
- 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 .
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