When that happens, you need your borrowers to execute new documents, beginning with the completion of an affidavit of lost promissory note. With this affidavit, you will be able to enforce the debt owed to you from the original note. LegalZoom offers a customizable Affidavit of Lost Promissory Note you can use to quickly resolve the issue of a lost or misplaced promissory note.
A LegalZoom Affidavit of Lost Promissory Note gives you:
- Protection: Prevent the investment loss you could face if a third party found the note before you had the chance to report it missing.
- Dos & Don'ts: Discover important steps to take to protect your promissory notes.
- Detailed Instructions: Learn how to customize and complete your affidavit.