What is the name of your state? Texas I hold a prommisory note for someone who owe's me 50k which is past do. I live in Tx. and other in Louisiana. I created two promissory notes one for laws the State of Tx and the other for Louisiana hoping to avoid any complications base on state laws. The prommisory note also states the debtor would be responsible for any legal cost if needed for collection.I have also sent a demand letter, of which I have documented proof that they receieved, to work out payment plan. Ho do I go about collecting the money ? . What should be my next step ? Do I have to get a lawyer involved ?