Acknowledgment of Debt

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A Acknowledgment of Debt is a legal document that grants one person the authority to act on behalf of another person in personal, financial, or legal matters.

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Acknowledgment of Debt

Acknowledgment of Debt

Debtor:
[[FIRST_NAME_1]] , [[LAST_NAME_1]] , [[ADDRESS_1]]

to

Creditor:
[[FIRST_NAME_2]] , [[LAST_NAME_2]] , [[ADDRESS_2]]

1. Amount of Debt

The Debtor hereby acknowledges owing the Creditor the amount of CHF [[AMOUNT]].

2. Basis of the Debt

The debt arises from the following legal cause: [[TEXT]] dated [[DATE_1]].
This acknowledgment of debt shall remain valid regardless of whether the underlying obligation actually exists or not.

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