IOU

IOU (I OWE YOU)


Date: September 2, 2050

Borrower Details:

  • Name: [YOUR NAME]

  • Address: 1734 Poplar Street, Chicago, IL 60605

  • Contact Information: 222 555 7777| [YOUR EMAIL]

Lender Details:

  • Name: John Doe

  • Address: 1976 Hillsborough Street, Chicago, IL 60154

  • Contact Information: 222 000 6666 john.doe@email.fict

Debt Acknowledgment:

  • Total Amount Owed: $2,500.00

  • Reason for Debt: Unpaid personal loan for home renovation expenses.

Repayment Terms:

  • Repayment Date: The full amount of $2,500.00 will be paid no later than October 15, 2050.

  • Payment Method: Bank transfer to John Doe’s account at Springfield National Bank.

  • Partial Payments (if applicable): $1,000.00 on September 15, 2050, $1,500.00 on October 15, 2050.

Borrower’s Acknowledgment: I, [YOUR NAME], hereby acknowledge that I owe the amount of $2,500.00 to John Doe. I agree to repay this debt in full by October 15, 2024, according to the terms outlined above.

Signatures:

John Doe

Lender

September 2, 2050

[YOUR NAME]

Borrower

September 2, 2050

Optional Witness:

Samantha Johnson

Witness

September 2, 2050

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