Below is the  Letter Of Default On Promissory Notetemplate body. If necessary, please put the personal information, company information, such as text to replace the specific content you need. you can download the .doc template file on the end of the article by click download link. 



March 11, 2014


Contact Name
Address
Address2  
City, State/Province
Zip/Postal Code



OBJECT: DEFAULT ON PROMISSORY NOTE


Dear [CONTACT NAME],

Reference is made to the promissory note dated [DATE], in the original amount of [AMOUNT].

You have defaulted under said note in that the installment due on [DATE], in the amount of [AMOUNT] has not been paid.

Accordingly, demand is hereby made upon you for full payment of the entire balance on said note in the amount of [AMOUNT], including accrued interest to date.

In the event the entire balance is not paid within the next [NUMBER] days, I shall refer this matter to an attorney resulting in additional costs of collection.


Sincerely,




[YOUR NAME]
[YOUR TITLE]
[YOUR PHONE NUMBER]
[YOUREMAIL@YOURCOMPANY.COM] 



[IF SENT BY EMAIL YOU MAY INCLUDE THIS NOTICE]

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