REVOCATION OF GUARANTY
Date:
To:
In reference to our guaranty dated ___________ (month & day), ___ (year) issued to you by the undersigned guaranteeing the continued credit of _______________________ (Obligor).
Be advised that effective upon receipt of this letter of guaranty (or such effective date as provided under the guaranty), the undersigned shall not be obligated under the guaranty for any future or further credit extended by you to the Obligor. We understand that we shall remain liable for the present balance until paid.
We would appreciate confirmation of the present balance owed and would further appreciate notification when said balance has been fully paid.
Please confirm to us in writing receipt and acknowledgment of this guaranty revocation by return acknowledgment below.
__________________________________________
Signature
Acknowledged: ______________________________________
Effective Date: ______________________________________
Warning:
These forms are provided AS IS. They may not be any good. Even if they are good in one jurisdiction, they may not work in another. And the facts of your situation may make these forms inappropriate for you. They are for informational purposes only, and you should consult an attorney before using them.
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