Acknowledgement of Debt

An Acknowledgment of Debt (AOD) is a formal legal document that records a debtor’s acceptance of responsibility for repaying a debt owed to a creditor. This agreement typically involves the repayment of a specified sum of money, establishing a clear legal obligation between the two parties.

RESTRAINT OF TRADE

A Restraint of Trade Agreement is an essential legal tool that helps protect your business by restricting an employee’s actions after they leave your company. This agreement prevents former employees from engaging in competitive activities that could harm your business by leveraging sensitive information they may have gained during their employment.