An ‘Acknowledgement of Debt’ (AOD) is an acknowledgement made by a company or individual who owes money to a creditor to indicate they are willing to pay what is owed when due.
An Acknowledgment of Debt is a contract between a debtor and creditor. They agree how much the debtor owes the creditor as well as the terms of how it will be paid.
In this blog post, we will share with you some of the examples of Acknowledgement of Debt.
Acknowledgement of Debt Example 1
you can download the sample here: