(2) The interest rate agreed by both parties at the time of borrowing shall be stated in the IOU.

(3) When borrowing money, the repayment period should be written into the IOU.

(4) When borrowing money, the full names of the lender and the borrower should be clearly written.

(5) When borrowing money, the IOUs should be clearly stated and not vague.

During the marriage, do couples need to repay each other when writing divorce IOUs?

According to article 1064 of the Civil Code, the debts incurred by both husband and wife with the same signature or by one party after the event, and the debts incurred by one party in his own name for the daily needs of the family during the marriage relationship, belong to the same debt of husband and wife.

Debts incurred by one spouse in his own name during the marriage relationship that exceed the needs of family daily life are not joint debts of husband and wife; However, the creditor can prove that the debt is used for the husband and wife's life, production and operation, or based on the same meaning of both husband and wife.

Article 1065 A man and a woman may agree that the property acquired during the marriage relationship and the property before marriage shall be owned by themselves, wholly or partly, and partly. The agreement shall be in writing. Where there is no agreement or the agreement is unclear, the provisions of Articles 1062nd and 1063rd of this Law shall apply.

The agreement between husband and wife on the property acquired during the marriage relationship and the property before marriage is legally binding on both parties.

The husband and wife agreed that the property acquired during the marriage relationship should be owned by each other, and if the other party knows the agreement, the personal property of the husband and wife should be used to pay off the debts owed by the husband and wife.

Article 1066 During the marriage relationship, under any of the following circumstances, one of the spouses may request the people's court to divide the common property:

(1) One party conceals, transfers, sells, damages or squanders the property of the husband and wife, or forges the debts of the husband and wife, which seriously damages the interests of the husband and wife;

(two) one party has a legal obligation to support the person who needs medical treatment because of a serious illness, and the other party does not agree to pay the relevant medical expenses.

If one party is found to have concealed, transferred, sold off, damaged or squandered the joint property of husband and wife during divorce, the injured party in the marriage relationship can bring a lawsuit to the local people's court and demand that the divorced property be re-divided to protect the legitimate rights and interests of his own marital property.

How to write an iou for divorce?

The loan is made in duplicate, and the creditor should also sign it to confirm that the husband and wife's property is independent, and the debts under each name are borne by each person, so that the debts belong to the individual, not the same debt of the husband and wife. Article 4 of Several Opinions on the People's Court's Trial of Loan Cases: When the people's court examines the prosecution of loan cases, it shall require the plaintiff to provide an iou according to the provisions of Article 108 of the Civil Procedure Law; If there is no written receipt, the necessary factual basis shall be provided. Lawsuits or rulings that do not meet the above conditions will not be accepted.

After the divorce, the IOUs written by the husband and wife borrowing money from each other also need to be returned according to the contents of the IOUs.

Legal basis:

People's Republic of China (PRC) Civil Code

Article 470 The contents of a contract shall be agreed upon by the parties, and generally include the following clauses:

(1) The name and domicile of the party concerned;

(2) Subject matter;

(3) quantity;

(4) quality;

(5) Price or remuneration;

(6) Time limit, place and method of performance; (7) Liability for breach of contract;

(8) Methods for resolving disputes. The parties may conclude a contract by referring to the model texts of various contracts.