Sections
Progress
1 / 9
Enter the full legal name of this party exactly as it appears on their ID or business registration.
Enter the full legal name of this party exactly as it appears on their ID or business registration.
An IOU is the simplest written acknowledgment of a debt — a brief, signed statement confirming that one person owes a specific amount to another. While less formal than a promissory note, a properly signed IOU is admissible evidence of the debt in small claims court and can stop a borrower from later denying that money was loaned. Use for informal loans between friends or family where a detailed promissory note feels excessive. Fill out this free iou / debt acknowledgment template online, e-sign it digitally, and download a legally valid PDF. no account or lawyer needed. Sections: Parties, Terms.
Date: ______________
I, ______________, of ______________, hereby acknowledge that I owe ______________, of ______________, the sum of $0.00 for: ______________.
I agree to repay this amount in full on or before ______________.
This Agreement shall be governed by and construed in accordance with the laws of the State of ______________, without regard to its conflict-of-laws principles.