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WebMar 31, 2014 · Promissory notes can be either secured or unsecured. Secured notes will list a specific asset of the borrower that will become property of the lender if the borrow defaults on the agreement. This offers a form of insurance for the lender. Unsecured notes, on the other hand, offer no such security for the lender and can be much more difficult to ... WebMar 23, 2024 · The time to send the second past-due invoice notice is either two weeks after the first collection letter has gone ignored, or after a promise to pay from the first letter has gone past due. The second collection letter should include: Mention of all previous attempts to collect, including the first collection letter. Original invoice due date. greensboro women\u0027s health center
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