Model Format of Usury Notice

Model Format of Usury Notice

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Model Format of Usury Notice
Model Format of Usury Notice

_________________________

_________________________

_________________________

Notice of usurious interest rate and intention to seek relief

Dear _________________________:

This is to advise you that pursuant to the laws of _______________________, the promissory note which was executed on __________________________, in the original principal amount of Rs.______(____________________ & ______/100 Rupees) violates the usury laws and that legal action will be taken to avoid the usury and to obtain the following relief:

_____________________________________________________________________….

Note: This is just the part of the agreement. To get it drafted completely by legal experts, kindly contact the expert team of Aapka Consultant by clicking here

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