This Notice to Guarantor Demanding Payment is from a creditor to an individual who has guaranteed a loan for a debtor. This notice effectively sets forth that the debtor has defaulted on the obligation and creditor now demands that guarantor pay the outstanding amount of the loan. It also sets out the name of the debtor, total amount of the loan, balance due and interest rate payable on this balance. It is imperative that this notice be clearly set forth in writing. A written Notice to Guarantor Demanding Payment will ensure that the guarantor is aware that the debtor has defaulted on the obligation and that payment in full is now demanded. This notice can easily be modified to meet your unique situation.

This Notice to Guarantor Demanding Payment contains:

• Parties: Sets forth the names of the guarantor and the original debtor;
• Demand: Sets forth that debtor has defaulted on the obligation, balance amount now due and the interest rate on this balance.

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This attorney-prepared packet contains:

1. General Instructions
2. Notice to Guarantor Demanding Payment

State Law Compliance: This form complies with the laws of all states