What Is Promissory Note Debt? How To Get Out Of Debt?
Debt arising from a promissory note
ARTICLE 646 – (1) The debtor of a negotiable instrument is obliged to make payment only upon delivery of the bill.
(2) Unless there is fraud or gross negligence, the debtor shall be relieved of his obligation by making payment to the person who is understood to be the creditor according to the nature of the bill when the due date arrives.
You can access our other article examples and petition examples by clicking here.