The written iou and the debtor's signature are legally binding. As long as the debtor signs it in person, it can represent this iou and prove the creditor-debtor relationship between the two parties; As long as the IOU takes effect, the debtor needs to fulfill the repayment obligation. The borrower's signature has specific legal effect. As long as the IOU includes the lender, borrower, loan amount, loan time and other main contents, it is legal and effective.

Legal analysis

I don't need to write the IOUs, but I need to sign the final signature. If the signature of the signature is not written by me, then the loan is invalid. Therefore, both parties need to combine the actual situation when dealing with it, and only when dealing with it according to the provisions of the law can they protect their rights and interests according to law. A standard IOU should have the following contents: the legal full names of borrowers and lenders should be clearly written; The loan amount should be clearly written, including the amount expressed in words and figures; The term of the loan should be clearly written, including the start and end dates of the loan and the clear term of the loan; The specific repayment date should be clearly written; The interest of the loan should be clearly written, and there should be a clear annual interest rate or monthly interest rate, as well as the total amount of loan interest that should be paid in the end (including the amount expressed in words and figures); The date, month, day, time and payment method of repayment of loan principal and interest shall be specified; Personal signature, handprint or handwritten signature of the borrower; If necessary, it shall be signed by the guarantor, specifying the guarantee period and responsibilities. The limitation period for requesting protection of civil rights from the people's court is three years. After the expiration of the limitation period of action, if the debtor agrees to perform it, it shall not defend itself on the grounds of the expiration of the limitation period of action; If the debtor voluntarily performs, it may not request the return.

legal ground

Article 188 of the Civil Law of People's Republic of China (PRC) requests the people's court to protect civil rights, and the limitation of action is three years. Where there are other provisions in the law, those provisions shall prevail. The limitation period of action shall be counted from the date when the creditor knows or should know that the right is damaged and the debtor knows it. Where there are other provisions in the law, those provisions shall prevail. However, the people's court shall not protect the rights that have been damaged for more than 20 years. Under special circumstances, the people's court may decide to extend the time according to the application of the obligee.

Article 192 Upon the expiration of the limitation of action, the debtor may raise a defense of non-performance. After the expiration of the limitation period of action, if the debtor agrees to perform it, it shall not defend itself on the grounds of the expiration of the limitation period of action; If the debtor voluntarily performs, it may not request the return.