Personal Legal Letters

Notarized Letter Regarding Payment Terms Between Two Individuals Regarding A Debt

Write this type of notarized letter to another person when you want to confirm payment terms regarding a debt. Include any pertinent details, such as the timing and amounts of payments. You can have the letter notarized by any local notary public. If you do not have a working relationship with a notary public, find one by contacting your bank, looking in your telephone book, or searching online.

[Your letterhead, if desired; if not, your return address]

[Date of letter-month, day, and year]

[Recipient's first and last names]
[Company name]
[Street or P.O. box address]
[City, State ZIP code]

Dear [recipient's name]:

I am writing to confirm the payment terms on the debt amount of $675.00 that you owe me. As you know, we discussed these details during our phone conversation this week. We agreed that you will pay me $75.00 per month, by the 15th of each month, until the amount is paid in full. The first payment will be due on September 15, 2010. We agreed that you will mail a check to me each month.

If you have any questions, please call me at 878-1212. Thank you in advance for making these payments per our agreement.