Second, you'd better write down the repayment date, because when the repayment date expires, your statute of limitations will begin to calculate.
3. If interest is to be calculated, it must be stipulated in the contract, otherwise it will be regarded as no interest. If you want to calculate the interest according to the provisions of the contract, you have the right to claim the interest after 20 years (not invalid through litigation).
An IOU is a written document indicating the relationship between creditor's rights and debts, which is generally written and signed by the debtor, indicating that the debtor has owed the creditor the amount indicated in the IOU. An iou refers to a bill written to the other party when borrowing personal or public cash or goods, that is, an iou.
After the money and goods are returned, the bill is revoked or torn by the bill holder. This is a document. Usually used in daily life and business management.
From a legal point of view, an IOU is a written document showing the relationship between creditor's rights and debts, which is generally written and signed by the debtor, indicating that the debtor has owed the creditor the amount indicated on the IOU.
Definition:
IOUs are usually documentary evidence used to prove the relationship between creditor's rights and debts, usually written by debtors and sent to creditors.
Legal tip:
A complete IOU shall include the following contents: the names, ID numbers, contact numbers, contact addresses and other information of the creditors and debtors; Loan amount (local and foreign currency), loan purpose, interest calculation, loan date and repayment time; Default (delayed repayment) fines, dispute handling methods, etc.
If there is a witness or guarantor, the information of the witness or guarantor shall also be indicated and signed accordingly.
IOUs should be written on complete paper with clear handwriting and specific content.
Risk prevention:
(1) Whether the supporting evidence is complete or not
In addition to properly keeping the IOUs, creditors should also pay attention to keeping other evidence that can prove their claims, such as transfer records. If you transfer money through WeChat or Alipay, it is best to indicate the nature of the loan and the information that other IOUs should have in the form of postscript or materials, and ask the debtor to issue a written IOUs afterwards.
(two) to verify and clarify the identity of the subject
First of all, the creditor should check the debtor's identity document and ask the debtor to write the loan in person to avoid hidden dangers caused by others signing on his behalf. If the IOU is printed, it is best to ask the borrower to sign, stamp and fingerprint the borrower's signature column.
(3) It is clear whether the borrower borrows in the name of a natural person or a company. Legally speaking, the legal representative or person in charge can engage in civil acts including payment on behalf of the company or enterprise. If the creditor is not clear about the identity of the debtor, there may be confusion about the identity of the borrower. The direct consequence is that creditors will face mutual prevarication between companies or enterprises and borrowers in future lawsuits, which will bring trouble to the realization of creditor's rights.
The semantics are clear and clear
Avoid using words or phrases that may cause ambiguity, such as borrowing by accepting or "repaying debts" as suggested above.