This form is a sample letter in Word format covering the subject matter of the title of the form.
This form is a sample letter in Word format covering the subject matter of the title of the form.
Cons of a promissory note Limited legal recourse: While a promissory note is a legal document, enforcing repayment can be challenging if the borrower defaults. Interest costs: If the promissory note includes interest terms, the borrower will incur additional costs.