Promissory Note Debt Collection For Unpaid Water
Description
How to fill out Nevada Complaint - Debt Collection Due To Default On Promissory Note?
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FAQ
Detailed Information The note has all the required information including the name of the drawer and payee, date of maturity, terms of repayment, issue date, name of the drawee, name, and signature of the drawer, principal amount, and the rate of interest, etc.
Companies may charge you up to six years of unpaid water and sewerage charges.
The company should be sensitive and take into account your ability to pay. Occasionally, it might be possible to have the debt written off so you don't need to pay it at all. Your water company may refuse your payment offer if it isn't enough to clear your current water bill and the amount you owe.
At its most basic, a promissory note should include the following things:Date.Name of the lender and borrower.Loan amount.Whether the loan is secured or unsecured. If it's secured with collateral: What is the collateral?Payment amount and frequency.Payment due date.Whether the loan has a cosigner, and if so, who.
Your water company can't disconnect you if you owe them money, but if you don't pay up, they could take you to court. You may get a county court judgment against you and you'll have to pay extra court costs. If you don't pay up after that, bailiffs might come round and take away some of your goods.