If the debtor fails to repay the debt after the expiration of the IOU, it can reissue the IOU through negotiation between both parties. Please pay attention to the contents when reissue the IOU:

1. Basic identity information of both parties;

2. The cause and time of debt;

4. state clearly that the IOU is a later added IOU.

model for renewal of the IOU when it expires:

Party A xxx (ID number: * * * * *) lends Party B xxx (ID number: * * * * * * *) RMB * * * (in words * * * * *) on a certain day in a certain year. It was originally agreed to pay off the loan before a certain day of a certain year, but now it is impossible to repay the loan on time due to a certain reason. Through consultation between both parties, the repayment date is extended to a certain day of a certain year. The loan interest is * *. Date of signature and seal of the borrower.

Extended information:

Many people write IOUs when they borrow money, but IOUs have a time limit. If the IOUs have not got the lent money due, the treatment methods are as follows:

Method 1: Ask the debtor to write a repayment plan

The creditor can negotiate with the debtor to make a repayment plan or agreement, and in order to ensure the debtor's consent, the creditor can relax the conditions appropriately. In this way, the limitation of action is recalculated from the expiration of the repayment plan.

method 2: reconciliation with the debtor and signature confirmation

reconciliation with the debtor can also achieve the purpose of extending the limitation of action, but creditors need to pay attention to: reconciliation requires the signature or seal of both parties, including the reconciliation process (e.g. mail exchange). The limitation of action shall be calculated from the date of reconciliation.

Method 3: Draft the minutes of the talks with the debtor to settle debts

For the unit that fails to pay debts for a while, this method will not only hurt the harmony, but also take the initiative to settle debts and cause the limitation of action to be recalculated.

method 4: require the debtor to provide a guarantee

the creditor requires the debtor to provide a guarantee and guarantees that if the debtor does not pay back the money within a certain repayment date, the guarantor will assume the guarantee responsibility. In this case, the limitation of action is recalculated from the date when the debt repayment period expires.

method 5: find a third party to prove that the creditor has recovered the debt himself.

find a third party to prove that the creditor has recovered the debt, and the limitation of action shall be recalculated from the date of claiming the right. This evidence is not direct evidence, so it is suggested to use it in combination with other evidence.

Method 6: Keep all kinds of evidence of your debt recovery

Such as tickets, accommodation invoice, letters and telegrams when you request to pay off debts, which prove that you have been claiming rights.

method 7: ask the court to bring a lawsuit

bring a lawsuit to the court, and the original limitation of action will be interrupted

method 8: claim rights through non-litigation

when the creditor makes a request to claim rights to the people's mediation committee or relevant units, the limitation of action will be interrupted. If no agreement can be reached through mediation, the limitation of action will be recalculated; If an agreement is reached through mediation, if the obligor fails to perform his obligations within the time limit stipulated in the agreement, the limitation period of action will be recalculated from the expiration of the performance period.