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What's a demand for payment on demand promissory note?
If you lent money under a demand promissory note, the borrower doesn’t need to pay the money back until the lender asks for it in a written notice. That notice is known as a promissory note demand for payment or a demand promissory note collection letter. As a lender, you want to make sure your demand for payment is worded correctly and takes care of any details.
Here's the info you'll need to have handy to complete your doc:
Who it's going to
Know who this doc is going to and have the individual or business name and contact info ready.
Have the date the original promissory note was issued handy.