Creating a notice of default on an installment promissory note

When a borrower fails to pay an installment promissory note, the lender can use a notice of default to begin the collection process. Find out how to use a notice of default.

Get your notice of default on installment promissory note

Brette Sember, J.D.

by Brette Sember, J.D.

Brette is a former attorney and has been a writer and editor for more than 25 years. She is the author of more than 4...

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Updated on: December 14, 2023 · 2 min read


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This article is for informational purposes. This content is not legal advice, it is the expression of the author and has not been evaluated by LegalZoom for accuracy or changes in the law.

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