Sample Letter Transmitting Cancellation and Satisfaction of Promissory Notes in California [Your Name] [Your Address] [City, State, Zip Code] [Date] [Recipient's Name] [Recipient's Address] [City, State, Zip Code] Subject: Cancellation and Satisfaction of Promissory Note Dear [Recipient's Name], I am writing to inform you of the cancellation and satisfaction of the following promissory note(s), which were previously executed between [Name of Borrower] and [Name of Lender]: 1. Promissory Note #[Note Number] Principal Amount: $[Principal Amount] Date of Execution: [Date of Execution] 2. (If applicable) Promissory Note #[Note Number] Principal Amount: $[Principal Amount] Date of Execution: [Date of Execution] I am pleased to inform you that all outstanding debts associated with the aforementioned promissory notes have been fully paid and satisfied. Therefore, this letter serves as official documentation of the cancellation and satisfaction of these promissory notes. To ensure the proper completion of this process, I kindly request that you take the necessary steps to update your records accordingly. Please mark these promissory notes as "paid in full" and "canceled" in your internal systems and communicate this information to any relevant parties or credit agencies. If you require any additional documentation or have any further inquiries regarding this matter, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address]. I will be more than willing to provide any necessary information to facilitate the completion of this process. Thank you for your prompt attention to this matter. I appreciate your cooperation in updating your records and acknowledging the full satisfaction of the promissory notes. Sincerely, [Your Name]
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.