How to Write a Promissory Note?

Answer A written promise to pay a debt is called a "Promissory Note." Many times a Promissory Note will be known as a Loan Note Agreement, Loan Note, Note Form and even known as an I.O.U. Most often a Pro... Read More »

Related Videos

Top Q&A For: How to Write a Promissory Note

DIY Promissory Note?

A promissory note is exactly what its name suggests. At its most basic, it is form of contract by which one party promises to repay another for a loan or debt. Legal language is usually inserted to... Read More »

How to Enforce a Promissory Note?

As the beneficiary of a promissory note, be prepared to enforce the contract when the payment obligation is due. In some cases, an individual with an outstanding obligation through a promissory not... Read More »

Example of a Promissory Note Letter?

A promissory note, otherwise referred to as a "note payable" or simply a "note," is a contract in which a borrower unconditionally promises to pay an amount of money to the lender, also referred to... Read More »

Is a promissory note legally binding?

A promissory note is a legally binding agreement to pay a sum of money to a named recipient either on demand or at a given time. Promissory notes are usually used to formalise the terms of monetary... Read More »