Promissory notes are legal instruments in which one party promises, in writing, to tender a definite sum of money, either on demand or at a specified future date. Sometimes, promissory notes show the intention of the debtor in a loan agreement to repay the loan to the creditor.   Promissory notes may also set the general requirements for payment to the creditor.  A number of issues, however, may arise regarding the drafting, enforcement, and effectiveness of promissory notes.  Such issues include the interest rate used, the collateral secured under the loan (if any), which parties are required to sign the note, the effect of breach of the promissory note, and much more.  Here at Katz, Pryor & DiCuccio, LLP, we are able assist with any issue which may arise including but not limited to drafting notes, enforcement notes, and recovery of unpaid notes.  Contact an attorney at Katz, Pryor & DiCuccio, LLP today to ensure that we can help you get the most out of your loan agreements and promissory notes.