How can one draw up a note for I O U...
Say some one damages your property, neighbor, what not, and they offer to pay so there is not court action.. All other ramifications aside for not taking legal action, how can and should a contract be written??
So say other party after damage owes you $3000.00, they offer to pay $2,000.00 and pay remaining $1,000.00 two to three weeks..
What should a person include on paper I O U ... to ensure payment without collateral and would stand up in small claims???