How to write the receipt on a debt

When applying for financial support to friends or family, most people hope to quickly repay the debt and to maintain good relations with those who were able to help in difficult times. And yet everyone understands that life is not predictable and therefore it would be good to issue debt therefore, to avoid any disputes in the future, even in case of delayed return of the loan. In this case, the IOU will be a confirmation of the transaction.

You will need

Passport data of the borrower and the lender
A sheet of paper
Handle

Instruction

Make debt receipt in the simple written form personally on a standard sheet of white paper. There is no strictly prescribed form for such a document. And yet its design must obey the rules of drawing up business documents and contain some of the required positions. Write legibly and neatly, so you will be able to confirm your lender honesty of your intentions, given the fact that the document will be a kind of guarantee of repayment.

Start making notes from the title of the document "IOU", placing it in the center of the sheet. Directly beneath specify a location making receipts and the date of the transaction. In the main part of receipts you have to provide your own name, name, patronymic (in full), passport details and place of residence. The same amount should be specified and details of the lender. There will need to comply with a commitment, starting with "I, ... (name of borrower) has received from ... (name of creditor) a sum of money ...". The loan amount write the first numbers indicating currency, and then decode it in words in brackets.

Write the exact date of refund of the cash amount and the period for which it is provided at your disposal. Here you can specify percentages for use of loan (if discussed) payable under the agreement. Sign the receipt and give it for signature by the lender.

Note

IOU himself needs to write the borrower.

Useful advice

To avoid possible problems in the future (in case of a trial), you can make a promissory note in two copies and to invite witnesses at the time of the transaction and the transfer of money for confirmation of the transaction.

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