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This is a useful document which can help bind slow paying customer to meet their commitments, win court judgments when they don't, and even to winning the gratitude of honest customers struggling through setbacks.
This is a great and simple alternative to a promissory note.
The actual content of this form is important. But just as important is your timing in its execution. For details on its use, see our accompanying article Streamlining Debt Acknowledgements.
Sample Template for Debt Acknowledgement Form
This template is designed to help you outline a systematic series of steps for researching and handling unclaimed property left as credits on your receivables.
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