USA Promissory Note and Settlement Agreement with Personal Guaranty

USA creditors, prepare a Promissory Note and Settlement Agreement with Personal Guaranty with this ready-made template form.

Under this debt payment arrangement, the creditor agrees to settle the debt with a business debtor on the condition that the debtor make regular payments under the Promissory Note.
A principal of the debtor (such as a director, major shareholder, etc) gives a personal guaranty for repayment.

This USA Promissory Note and Settlement Agreement with Personal Guaranty is provided in MS Word format, and is fully editable.

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