| Loan Agreement Discussions - Page 1 |
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| Filing a Lien on a mobile home |
Five years ago I loaned the man (and his partner) who cared for my dad
the down payment on a mobile home. I drew up a very specific loan
agreement requiring them to pay me interest-only (8%) for 5 years and
then, if they could not refinnance, the agre
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| Promissory Notes? And help on adjustable interest rates |
I am borrowing money (about $15,000) from a relative (parent). It is
unsecured (no collateral), for it pays off another (legal) debt whose
interest rate is fixed by statute at 10% per annum.
I want this loan to be more than a handshake, and I wa
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| Sample loan agreement questions. |
A few years ago, I paid $20,000 for a 20% interest in a small corporation
that
a friend of mine owns and runs. My friend kept the remaining 80%. Now I
would like to sell my shares back to the corporation for what I paid for
them. My friend agrees a
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| Sample loan agreement questions. |
A few years ago, I paid $20,000 for 20% interest in a small corporation that
a friend of mine owns and runs. My friend kept the remaining 80%. Now I
would like to sell my shares back to the corporation for what I paid for
them. My friend agrees and
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| rules of preferential payments |
Can anyone tell me if a person makes a lump sum payment of 4500, to an
insider, within a year of filing bankruptcy, but that payment was part
of the loan agreement, if it would be considered a preference? IE if
you missed a payment the entire amount w
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| Question |
A friend of mine lent $12,000.00 to his sister via a written personal loan
agreement signed by both parties. The agreement calls for his sister to pay
the loan back over a course of two years ($500 monthly).
Four months has passed and the debtor
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| Unsecured Debt Validity Question |
received an email from a company that guarantees they can clear my
unsecured credit, explaining the legal principals in as quoted below.
I was wondering if anyone knows if this is legal or not, and if it can
be done on one's own. They charge $2900, an
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| Unsecured Debt Validity Question |
received an email from a company that guarantees they can clear my
unsecured credit, explaining the legal principals in as quoted below.
I was wondering if anyone knows if this is legal or not, and if it can
be done on one's own. They charge $2900, an
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