This Demand for Payment on Demand Promissory is from a creditor or lender to an individual who has signed a promissory note which is due and payable on demand. This demand sets forth the date and amount of the note and the party to whom the note is payable. It also sets forth a formal demand that payment of all monies due, including interest, be made within ten days of receipt (this timeframe can easily be changed in order to accommodate the individual). It also sets forth that if payment is not received within the given time period that the note will be forwarded for institution of collection proceedings. A written Demand for Payment on Demand Promissory Note will be beneficial in the event the note is not paid and legal action must be taken.

This Demand for Payment on Demand Promissory Note contains:

• Promissory Note Information: Sets forth the date and amount of the note, name of borrower and to whom the note should be paid;
• Formal Demand: Sets forth a formal demand that the promissory note be paid within a certain timeframe or further collection and/or legal action will be taken.

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This attorney-prepared packet contains:

1. Information
2. Demand for Payment on Demand Promissory Note

State Law Compliance: This form complies with the laws of all states