IOUs generally consist of three parts: title, text and signature.

(1) title

The title of IOU is generally composed of language names, that is, the word "IOU" is written in large font at the top and middle of the text. Some people write the words "temporarily owed" or "now owed" in this position as the title, but the text of this title is written in the top box of the next line.

(2) Text

The subject of the IOU should write down what the person or unit owes, what it owes and how much it owes, and indicate the repayment date.

(3) Signature

Signature should be accompanied by the name of the owed unit and the personal signature of the handler, and the personal name of the owed party should be attached to the debit note issued by the individual. Meanwhile, the date of signing the debt. Units should build official seals and individuals should build private seals.

I _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ I am the debtor: Address: Tel: Year Month Day, 2. The difference between IOUs and IOUs:

1. IOUs prove the loan relationship and IOUs prove the debt relationship. Borrowing is definitely arrears, but arrears are not necessarily loans.

2. The IOU itself is not a loan contract, but a general certificate and voucher of a written or oral loan contract. 3. The IOUs are usually due to the economic exchanges between the two parties before the debtors write IOUs (such economic exchanges are mostly sales contracts). The debtor should pay the creditor, but for various reasons, the two sides reached a consensus and compromise when the debtor could not repay the loan in time, and the debtor wrote an iou and waited until later. IOU is a settlement of economic exchanges between the two parties in the past, indicating that a new pure creditor-debtor relationship has been formed between the two parties since IOU was formed. 4. The reason for the formation of IOUs is the specific borrowing facts; There are many reasons for the formation of IOUs, which can be based on various facts, such as IOUs caused by buying and selling, IOUs caused by labor services, IOUs caused by enterprise contracting, IOUs caused by damages and so on. 5. When the IOU holder brings a lawsuit to the court by virtue of IOU, it is easier to identify and identify the borrowing facts between the parties through IOU itself, so the IOU holder generally only needs to simply state the borrowing facts to the judge, and it is generally difficult for the other party to defend or deny it. However, when the IOU holder brings a lawsuit to the court by virtue of IOU, the IOU holder must state the fact of IOU formation to the judge. If the other party denies or excuses this fact, the IOU holder must further prove the existence of the IOU-forming fact. Three. Validity, legal effect and limitation of action of IOUs: 1. For an iou with repayment period, the limitation of action shall be calculated from the date when the repayment period agreed by both parties expires.

2. The limitation of action shall be calculated from the date when the arrears are not specified.

2. The statute of limitations for IOUs is calculated as two years from the date of repayment period indicated (generally, the statute of limitations is two years). After two years, the creditor's right will no longer be protected by law and lose the right to win the case.