[{"id":"0681fb53-8e73-442a-b460-3de6e9aa566a","order":1,"text":"Mr [Full name of the Debtor]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"0","cflou":false,"active":true},{"id":"737ec085-9d15-4e70-b86a-1341a64c711f","order":2,"text":"[Street address]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"0","cflou":false,"active":true},{"id":"f460ea9c-b5a7-437f-b640-c9c080617c11","order":3,"text":"[Address line 2]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"0","cflou":false,"active":true},{"id":"003cdab6-583a-480a-b3ff-2d7af09dd218","order":4,"text":"[Postcode and city]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"30","cflou":false,"active":true},{"id":"d0dccb7e-dcbe-4074-9562-ef6c37d2966e","order":5,"text":"Mr [Full name of the Creditor]
[Street address]
[Address line 2]
[Postcode and city]","fontSize":"14","textAlign":"right-align","bold":false,"underline":false,"marginBottom":"30","cflou":false,"active":true},{"id":"0e760e1b-bb76-4d90-808f-a20f05b77672","order":6,"text":"[Place of signing], [Date of signing]","fontSize":"14","textAlign":"right","bold":false,"underline":false,"marginBottom":"40","cflou":false,"active":true},{"id":"c8270b1e-17f2-439e-b6fa-0e1826a8e8ca","order":7,"text":"Re: Acknowledgement of Debt","fontSize":"14","textAlign":"left","bold":true,"underline":false,"marginBottom":"30","cflou":false,"active":true},{"id":"34576176-8516-4ca9-abc5-02e267fc4379","order":8,"text":"DEED OF ACKNOWLEDGEMENT OF DEBT","fontSize":"20","textAlign":"center","bold":true,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"24031460-04d6-45de-b33c-0dc61d673ca8","order":9,"text":"(I.O.U. — Acknowledgement letter)","fontSize":"12","textAlign":"center","bold":false,"underline":false,"marginBottom":"40","cflou":false,"active":true},{"id":"956d3004-cffa-4729-96f0-ae163e16f902","order":10,"text":"I, the undersigned,","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"9cc19b16-cab6-4dc4-adc7-7662df32c8e3","order":11,"text":"Mr [Full name of the Debtor], born on [Date of birth], holder of National Insurance Number [ID number], residing at [Street address], [Address line 2], [Postcode and city],","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"4ea2fbfa-3bd0-4f42-bab1-bc5d1d4a1f17","order":12,"text":"(hereinafter referred to as "the Debtor"),","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"dc555ea9-e6fe-4463-bc59-04dfda224413","order":13,"text":"DO HEREBY ACKNOWLEDGE AND CONFIRM, freely and without duress, the following:","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"30","cflou":false,"active":true},{"id":"97acbfd8-2ad0-4e8f-92be-abc39af4da3b","order":14,"text":"1. THE CREDITOR","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true},{"id":"195b680a-3ab4-44a5-b2e3-6574fe9d8986","order":15,"text":"This acknowledgement is given in favour of Mr [Full name of the Creditor], residing at [Street address], [Address line 2], [Postcode and city] (hereinafter "the Creditor").","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"c461eb7c-7f2d-425a-acae-2e0c74712ee4","order":16,"text":"2. ORIGIN AND NATURE OF THE DEBT","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true},{"id":"abed0e18-a029-4aff-9de9-b571add1a88f","order":17,"text":"The Debtor hereby acknowledges that he/she is justly and lawfully indebted to the Creditor in respect of a loan of money, the said obligation having arisen on [Date the debt was incurred].","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"171d6652-77aa-4577-afdb-65adb1e5b003","order":18,"text":"The circumstances giving rise to the debt are as follows: [Brief description]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"3b1d108f-619d-4e09-b55b-c0bdf65a18e4","order":19,"text":"3. AMOUNT OF THE DEBT","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true},{"id":"3f3bc79b-a5ea-467c-87fd-ec488c447351","order":20,"text":"The principal amount remaining due as at the date of this acknowledgement is £[Amount in figures] ([Amount in words]).","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"8a55b61f-b8f3-448b-9c64-4b6a36df25d5","order":21,"text":"In the event of any discrepancy between the amount expressed in figures and the amount expressed in words, the amount expressed in words shall prevail.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"56a7ad87-00c5-4d63-abca-0aea3e508c25","order":22,"text":"4. TERMS OF REPAYMENT","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true},{"id":"50910dc6-1244-48ba-a750-0c248f9a39f3","order":23,"text":"The Debtor undertakes to repay the said sum to the Creditor in a single lump sum, in accordance with the terms set out below.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"15","cflou":false,"active":true},{"id":"3966e3ff-99bb-49e0-b864-bcbcb8d25b79","order":24,"text":"4.1. The Debtor shall repay the entire principal sum of £[Amount in figures] on or before [Date of full repayment], in a single payment to the Creditor.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true,"displayConditions":[{"field":"cd140f3d-8ee5-4f46-a067-9dd864bce68a","value":"instalments","type":"remove","operator":"="}]},{"id":"6a1be385-9d8d-4b9d-80ef-73e4b4e3b54e","order":25,"text":"4.1. The Debtor shall repay the principal sum by [Number] equal monthly instalments of £[Amount per instalment] each.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"cd140f3d-8ee5-4f46-a067-9dd864bce68a","value":"lump","type":"remove","operator":"="}]},{"id":"67439ba1-d1e8-4ad7-9677-9e40f7303fb8","order":26,"text":"4.2. The first instalment shall fall due on [First instalment date], and each subsequent instalment shall fall due on the same day of each successive period until the debt is discharged in full.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"cd140f3d-8ee5-4f46-a067-9dd864bce68a","value":"lump","type":"remove","operator":"="}]},{"id":"8dbd2693-318f-4f38-8f7f-695c45f2533a","order":27,"text":"4.3. Payment shall be made by bank transfer to the Creditor's nominated account.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true,"displayConditions":[{"field":"cd140f3d-8ee5-4f46-a067-9dd864bce68a","value":"lump","type":"remove","operator":"="}]},{"id":"d78d77ba-f841-49bd-9c15-b6542face000","order":28,"text":"5. INTEREST","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true},{"id":"2f72951b-299c-4421-8b65-254f041243dd","order":29,"text":"The parties agree that no contractual interest shall accrue on the debt. The Creditor's right to claim statutory interest, where available by law, is expressly preserved.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true,"displayConditions":[{"field":"fcd8fc28-aaaa-4fb7-89b7-a5340fd5caa1","value":"yes","type":"remove","operator":"="}]},{"id":"e5893378-817d-457d-9929-54f907d76173","order":30,"text":"Interest shall accrue on the principal sum, or on any part thereof remaining outstanding from time to time, at the rate of [Rate]% per annum, calculated on a daily basis and compounded annually. Such interest shall be payable in addition to the principal and shall continue to accrue both before and after any judgment.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true,"displayConditions":[{"field":"fcd8fc28-aaaa-4fb7-89b7-a5340fd5caa1","value":"no","type":"remove","operator":"="}]},{"id":"0cda37e8-bd14-4f99-98e8-3dd6a551f87d","order":31,"text":"6. DEFAULT AND CONSEQUENCES","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true},{"id":"1865c464-f68e-41a8-b5ff-ad9c4f60e3a6","order":32,"text":"6.1. In the event that the Debtor fails to repay the said sum of £[Amount in figures] by the date stipulated in clause 4.1, the entire balance shall, without further notice, become immediately due and payable.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"cd140f3d-8ee5-4f46-a067-9dd864bce68a","value":"instalments","type":"remove","operator":"="}]},{"id":"27a58d0c-7cf9-4597-aeed-16ce1922b70d","order":33,"text":"6.1. In the event that the Debtor fails to pay any instalment on its due date, and such default continues for a period of fourteen (14) days, the entire balance of the debt then outstanding shall, at the option of the Creditor and without further notice, become immediately due and payable.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true,"displayConditions":[{"field":"cd140f3d-8ee5-4f46-a067-9dd864bce68a","value":"lump","type":"remove","operator":"="}]},{"id":"8fb7aed8-a704-4fce-b6c3-164aad57b298","order":34,"text":"6.2. The Creditor's forbearance from exercising any right under this acknowledgement, or any indulgence granted to the Debtor, shall not constitute a waiver of any such right, nor preclude the Creditor from enforcing it at a later date.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"c964e8cf-0bd1-4d28-ac8d-11f798a9a2f1","order":35,"text":"6.3. The Debtor shall indemnify the Creditor against all reasonable legal costs, disbursements and expenses incurred in the recovery of the debt, including the cost of obtaining and enforcing any judgment, on the indemnity basis.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"7b1cb1a2-3e7f-4c16-81fe-87ebca081ffa","order":36,"text":"7. EFFECT ON THE LIMITATION PERIOD","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true},{"id":"568b494a-6440-4836-867a-271c75e69869","order":37,"text":"The Debtor acknowledges that, pursuant to section 29(5) of the Limitation Act 1980, the present written acknowledgement of the debt has the effect of causing the applicable limitation period to begin to run afresh from the date of this document.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"a0068e5c-e29e-4031-b6c5-2286516f689e","order":38,"text":"The Debtor further acknowledges that this acknowledgement is given without prejudice to any further written acknowledgement that may be given in future, each such acknowledgement having the same effect on the running of time under the said Act.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"20","cflou":false,"active":true},{"id":"187101aa-f7d7-4ed2-aeb3-ef97d1d12ad5","order":39,"text":"8. GOVERNING LAW AND JURISDICTION","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true},{"id":"0114ad61-7eaa-45d2-a01c-d9bde15788a0","order":40,"text":"This acknowledgement of debt, and any non-contractual obligations arising out of or in connection with it, shall be governed by and construed in accordance with the law of England and Wales.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"2ef1534d-b63a-4d77-a18b-90e33271d6f6","order":41,"text":"The parties irrevocably submit to the exclusive jurisdiction of the courts of England and Wales in respect of any dispute or claim arising out of or in connection with this acknowledgement.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"30","cflou":false,"active":true},{"id":"a2e82664-1ab2-42cc-8ae0-d9f189ac19f1","order":42,"text":"9. MISCELLANEOUS","fontSize":"16","textAlign":"left","bold":true,"underline":true,"marginBottom":"10","cflou":false,"active":true},{"id":"181ff1ad-3fc5-42c8-8603-c7339c87edb7","order":43,"text":"9.1. If any provision of this acknowledgement is held by a court of competent jurisdiction to be invalid, unlawful or unenforceable, the remaining provisions shall continue in full force and effect.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"d5d54a2a-39b7-40f3-a5ec-35b1e28bd1e5","order":44,"text":"9.2. This document records the entirety of the Debtor's acknowledgement of the debt and supersedes any prior representation or undertaking relating to the same indebtedness.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"10","cflou":false,"active":true},{"id":"8fe6bb14-84c3-4f04-b804-7b7f506ece2d","order":45,"text":"9.3. Time shall be of the essence in respect of all dates and periods specified herein.","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"40","cflou":false,"active":true},{"id":"0685107a-12a0-4505-9dfa-7046a460d803","order":46,"text":"Signed at [Place], on [Date].","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"40","cflou":false,"active":true},{"id":"efe7e10c-09f4-4656-a2a1-b7d1151fa745","order":47,"text":"______________________________","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"5","cflou":false,"active":true},{"id":"6eb2c950-ef71-47f0-8fa1-8019e9130073","order":48,"text":"Mr [Full name of the Debtor]","fontSize":"14","textAlign":"left","bold":false,"underline":false,"marginBottom":"0","cflou":false,"active":true},{"id":"001ab85e-15bb-4fd6-82d9-c0d575b599cc","order":49,"text":"The Debtor","fontSize":"12","textAlign":"left","bold":false,"underline":false,"marginBottom":"30","cflou":false,"active":true},{"id":"036456c7-9025-422a-998f-7fd2342d25a3","order":50,"text":"Note: for evidential purposes, it is customary for the Debtor to write the words "read and approved — good for the sum of [amount in words]" in his own hand immediately above the signature.","fontSize":"11","textAlign":"left","bold":false,"underline":false,"marginBottom":"0","cflou":false,"active":true}]