The law establishes some documents known as credit instruments, such as promissory notes, bills of exchange, etc., which are the ideal means to guarantee a debt; however, express essential requirements are required in said documents, so that they are valid and can be demanded before a judicial body.

The promissory note is one of the most commonly used credit instruments to guarantee a debt, and these are its requirements:

I.- The mention of being a promissory note, inserted in the text of the document;
II.- The unconditional promise to pay a certain sum of money;
III.- The name of the person to whom the payment is to be made;
IV.- The time and place of payment;
V.- The date and place where the document is signed; and
VI.- The signature of the subscriber or of the person who signed at his request or in his name.

As has been explained, the management and collection of debts are established and regulated by law, therefore it is appropriate to have the best legal advice, contact us to carry out your collection and file a lawsuit against whoever in your case is necessary to require judicially or extrajudicially, with us you will always find a solution to effectively recover your money, contact the professional lawyers with experience in the area of collections in Mexicali, Tecate, Tijuana, Playas de Rosarito and Ensenada.