answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What is the legal document promising to pay back a loan?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How old do you have to be to get a loan in Massachusetts?

You have to be an adult, 18, to sign a legal loan document.


Sample of promising letter?

A sample of a promising letter can be a letter that promises to pay back a loan. This type of letter is called a promissory note.


Can you back out of a newly signed auto loan?

You have entered into a loan agreement. This is a legal document that binds you to repay the loan. You cannot return the car as the cooling off period law does not apply to the purchase of autos, and cannot get out of this agreement.


How do you drop a property co signer?

You need to discuss it with whoever you co-signed a legal document with: mortgagee, landlord, lender, etc. If it's a loan, it usually must be paid off.You need to discuss it with whoever you co-signed a legal document with: mortgagee, landlord, lender, etc. If it's a loan, it usually must be paid off.You need to discuss it with whoever you co-signed a legal document with: mortgagee, landlord, lender, etc. If it's a loan, it usually must be paid off.You need to discuss it with whoever you co-signed a legal document with: mortgagee, landlord, lender, etc. If it's a loan, it usually must be paid off.


Does a co-signer help with your credit?

No. A co-signer helps you borrow money and helps the lender by promising to pay your loan if you default.No. A co-signer helps you borrow money and helps the lender by promising to pay your loan if you default.No. A co-signer helps you borrow money and helps the lender by promising to pay your loan if you default.No. A co-signer helps you borrow money and helps the lender by promising to pay your loan if you default.


Do you have to pay a Tennessee title loan back if you never had a clear title?

Absolutely. You still borrowed the funds to purchase the property and you signed a note promising to pay the loan.Absolutely. You still borrowed the funds to purchase the property and you signed a note promising to pay the loan.Absolutely. You still borrowed the funds to purchase the property and you signed a note promising to pay the loan.Absolutely. You still borrowed the funds to purchase the property and you signed a note promising to pay the loan.


Legal Procedure to get back a personal loan in US?

Get back a personal loan. Is it in default? Contact loan company or debt collection agency and start making payments.


If you leased a car out to a family member and the loan is not paid off an they are trying to skip town what do you d0?

If the loan is in writing as a legal document you can take them to court for breach of contract.


Does the lender have to have a lien on the title to repossess?

No, they just have to have proof you borrowed money and used the car a collateral for the loan. The contract you signed promising to pay them back is that proof.


What is the difference between a legal charge and a mortgage?

A mortgage is a loan secured by real property.A legal charge in some jurisdictions is the right a lender has to take that property if the loan is not paid back.


How old do you have to be to get a loan?

An individual must be at least eighteen (18) years of age to be able to sign a binding legal document (which includes loans).


How old do you have be to sign a legal document in Tennessee?

Anyone can sign a document no matter what age. But only people who have reached the age of 18 can validly enter into contracts. If someone under 18 signs a legal document (say taking out a loan) then that person can use the fact that they were not an adult when they signed the document as a defense to any lawsuit by the person who is trying to enforce the agreement.