��������Ƶ

The Payment Acknowledgement Of Debt Letter is a critical document used in Indonesian business and financial transactions to formally document and confirm existing debt obligations. This document is particularly important when parties need to establish clear evidence of debt, restructure payment terms, or create a formal record of financial obligations. Under Indonesian law, it must include specific elements to be legally enforceable, such as proper stamp duty, clear identification of parties, precise debt amounts, and payment terms. The document is commonly used in scenarios involving loan regularization, debt restructuring, or when converting informal lending arrangements into formal obligations. It provides protection for both creditors and debtors by clearly stating the terms of the debt and serves as strong evidence in legal proceedings if enforcement becomes necessary.

1. Letter Header: Date, reference number, and formal letterhead if applicable

2. Addressing Details: Full names and addresses of both creditor and debtor

3. Subject Line: Clear indication that this is a Payment Acknowledgement of Debt Letter

4. Debt Acknowledgment Statement: Clear statement acknowledging the existence and specific amount of debt, including the original date when the debt was incurred

5. Debt Details: Breakdown of the total debt amount, including principal, interest (if any), and other charges

6. Payment Terms: Specific payment arrangements including timeline, method of payment, and bank account details

7. Legal Declaration: Statement confirming this is a legally binding document made without duress

8. Closing: Signature block with full names, dates, and contact information for both parties