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With your promissory note in hand, you should seek legal advice from an attorney. You could, in the meantime, try to keep pressure on him, and if you find you are able to sue for the remaining amount, give him one more chance and threaten lawsuit, and carry out on your word.

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Q: Someone owes me 60k as a personal loan and I have a promissory note They have paid me back 3k to date Now he says he can't pay me He is employed has assets Should I sue or keep pressuring him?
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What is presentment of promissory note?

A "Promissory Note" is a legal IOU. 'Presentment' of it, means that you (or someone) is cashing it in, and wants to be paid.


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