Demand for Overdue Payment on Promissory Note
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- Be careful not to say you’re going to take certain actions (for example, sue in small claims court) if you don’t intend to follow up.
- If you’ve received a bad check, use "Demand to Make Good on Bad Check" form instead.
- If you have another kind of demand, use the general "Demand Letter ."
If someone owes you money and falls behind on repayment, and you haven’t been able to work out a new repayment plan, the next step is to send the borrower a formal demand letter. This form gives you the template for your letter and helps you request specific action from the borrower.