0
If a friend signed a witnessed contract to repay a loan made to her by a personal friend can that friend file a lien against the future sale of her house or car to ensure re-payment of the loan?
Wiki User
∙ 14y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
How do you repay lic loan against policy?
lic loan repayment possible internet
What remedies are available for a man forced to sign a sale and transfer agreement for a vehicle at gunpoint?
If you can prove that you were forced (by gunpoint) to enter into a contract, the court will void the contract. A legal contract is a legal agreement between two or more willing participants. If you were forced into a contract, then you were not a willing participant. I suggest you contact anyone who may have witnessed this event, gather evidence regarding the forced signing, and have a restraining order issued against the forceful individual.
Can you hold someones personal property until they repay a debt owed to you in Illinois?
If you're going to do this, it needs to be a written and notarized contract signed by both of you and a witness. You can't do it without their consent, and you have no protection against them claiming theft without the signed and notarized contract.
Can you file a lien against real estate for a personal debt in Massachusetts?
If you have followed due process. A lien requires a contract between the parties. Most cases it will also require a court order unless the debt is against the property itself.
What is the most common lawsuit initiated against businesses?
It actually depends upon the type of business, however, the two most prevalent types would be, breach of contract and personal injury.
What is a provisional contract?
a contract is said to be provisional when the contract is done provisionally with a provisional agreement and against the contract the work order also issued provisiolally.
Which city witnessed both a Jewish ghetto rising and more popular rising against the Nazis?
Warsaw.
Does a contract with an attorney end after the judgment has entered against you?
No.
What is the highest pressure against the blood vessels and also occurs when the ventricles contract?
The highest pressure against the blood vessels is Systolic Pressure, and it occurs when the ventricles contract.
Does a premium have to be paid to To obtain a contract of insurance against a risk?
Nothing is obtainable free in this world. So, obviously you are to pay premium for obtaining a contract of insurance against a risk
What is meant by coerced in a contract?
IF you are forced to do something against your will you have been "coerced". A contract is an AGREEMENT there should be no coercion involved.
Draw against commission?
A draw against commission is an amount of money advanced against amounts you are expected to earn in future commissions. This arrangement can be very beneficial as it helps smooth the cash flow of a person paid on commission. When commissions are earned, the amount you have drawn is deducted and you are paid the balance of the commission. For example: Salesperson Depending on the way your draw contract is written you may end up responsible for repayment of any excess draw when you leave your position. Often, though, your liability is limited. When entering into a draw contract, as in any contract, you should be certain that you understand the terms and conditions to avoid complications later. A draw against commission is an amount of money advanced against amounts you are expected to earn in future commissions. This arrangement can be very beneficial as it helps smooth the cash flow of a person paid on commission. When commissions are earned, the amount you have drawn is deducted and you are paid the balance of the commission. For example: Salesperson accepts draw of $400 per week for 3 weeks before earning commission of $1500. The commission paid would be $1500 - (3 x 400) or $300, so the salesperson's benefit would equal the entire $1500. Depending on the way your draw contract is written you may end up responsible for repayment of any excess draw when you leave your position. Often, though, your liability is limited. When entering into a draw contract, as in any contract, you should be certain that you understand the terms and conditions to avoid complications later.
