Legal Question in Civil Litigation in Kentucky

Re: promissory note

All notes where you promise to repay money are "promissory notes". Most people just refer to them as "notes". sometimes notes are described in terms of the agreement that they come out of, i.e. "installment note" for installment contracts where payments are made on a periodic basis; "bank notes" representing a bank's obligation on a deposit etc. All are promises to pay and all are simply "promissory notes" and contain words where the maker "promises" to pay something at a certain date, terms or upon a certain occurence.

Re: promissory note

A promissory note is a written IOU and enforceable with interest, costs and attoreney's fees against the debtor.