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.

LETTER OF DEMAND

A Letter of Demand is a formal written request from a creditor or an individual owed something of value, demanding the payment of a debt, the performance of an obligation, or the return of property. This document is typically used when someone has failed to meet the terms of an agreement, such as a contract, or when an outstanding balance for goods or services remains unpaid.