Attorney
Specialist in bankruptcy of individuals and legal entities. Provides legal support in bankruptcy procedures for individuals, private limited liability companies, legal entities, as well as closing executive proceedings, concluding restructuring and settlement agreements with financial institutions
Development of a debt receipt
Do you lend money to friends, relatives or acquaintances? If so, then you know how difficult it can be to collect a debt later if there are misunderstandings. To protect yourself from such situations, it is recommended to issue a debt receipt. This is a simple but legally effective document that records the fact of the transfer of funds and the terms of their return.
What is a promissory note?
A debt receipt is a written document that confirms the fact of receiving a certain amount of money in debt by one person (the borrower) from another (the lender). It clearly spells out all the terms of the loan, including the amount of the debt, currency, term and procedure for its repayment, as well as the borrower’s responsibility in case of default.

When and why is it important to take a debt receipt from the borrower?
Issuance of a debt receipt is recommended in the following cases:
- The loan is provided for a significant amount.
- The loan is provided without a fixed repayment period.
- There is a risk of default on the part of the borrower.
- You want to have a clear legal document for debt collection if needed.
Here are some more reasons why it is important to have a debt receipt:
- It serves as a clear proof of the existence of debt. In the event of a dispute regarding the debt, the receipt will serve as legal proof that the borrower has indeed received the funds and is obligated to return them.
- It clearly defines the terms of the loan. The receipt should contain information about the amount of the debt, the term of its repayment, the interest rate (if any), as well as other important terms of the agreement. This helps to avoid misunderstandings and disputes in the future.
- It motivates the borrower to repay the debt. When a borrower knows that there is a written document that supports their debt, they are more likely to pay back on time.
- It can simplify the debt collection process. If the borrower does not return the debt, the presence of a receipt will greatly facilitate the process of its collection through the court.
What can be the consequences of an incorrectly completed receipt?
An incorrectly executed debt receipt can have serious consequences for the lender. For example, if it does not clearly state the amount of the debt or the term of its repayment, the court may refuse to recognize it as valid. This may result in the lender losing the ability to collect the debt from the borrower.
Contact our lawyer
Our attorney will listen to you carefully to understand all the nuances of your situation and your expectations regarding the loan. Based on this information, he will draw up a receipt that will:
Formulate all loan conditions clearly and comprehensibly.
- Include all the necessary details, such as the date of drawing up, place of drawing up, name of lender and borrower, amount of debt, repayment period, interest rate (if any), other important conditions.
- Meet the requirements of the current legislation of Ukraine.
Our lawyer will help you define and include in the receipt all important terms of the loan to avoid misunderstandings in the future. This may include:
- Conditions for early debt repayment.
- Loan extension conditions.
- Terms of accrual and payment of interest.
- Liability of the parties for non-fulfillment of obligations.
- Other terms that you consider important.
Ensure the legal validity of the receipt.
- Our attorney can help you ensure the legal validity of the receipt by signing it together with you and the borrower. He may also recommend notarizing the receipt if you want an extra layer of protection.
Advantages of contacting our lawyer
- Individual approach. We understand that every situation is unique, so our attorney will create a receipt that will meet your needs.
- Protection of your interests. Our lawyer will protect your interests at all stages of drawing up the receipt.
- Legal literacy. We guarantee that the receipt drawn up by our lawyer will be legally competent and will have legal force.
Contact us now to protect yourself from financial losses!
Why should you contact us?
Our law firm “Prykhodko and Partners” works competently and efficiently. Our lawyers, who specialize in drafting debt agreements and receipts, will advise you in detail and help you avoid any problems. We:
- We have extensive experience in debt collection cases.
- We offer transparent prices for legal services.
- We guarantee confidentiality and an individual approach to each client.
- We always try to solve the problem peacefully, but we are ready to defend your rights in court.
Contact us and we will help you protect your interests and keep the money you lend.
If you want to consult or find out the price of developing a debt receipt – fill out the form below.
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Is it possible to go through the bankruptcy procedure if the debt is less than 180,000 UAH?
Bankruptcy can be filed regardless of the amount of debt — there are no minimum limits set by law. However, if the amount of debt is less than UAH 180,000, it is usually more advisable to agree on debt restructuring, as bankruptcy may be economically unprofitable.
If I am not in Kyiv, can I cooperate with you?
Yes, we work remotely throughout Ukraine and even with clients abroad! We have many clients from Lviv, Odessa, Dnipro, Kharkiv, Cherkasy and other settlements.
Communication is carried out in any way convenient for you.
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