You don't get the loan
the moon shins on the earth.
Yes. The co-holder of a promissory can assign their rights under the note to the other co-holder by a written, notarized instrument.
if you owe them money and they accept this IN LIEU of evicting you, yes.
1. it must be in writing 2.must contain an express promise to pay not just merely acknowledgement of a debt. 3.the promise to pay must be unconditional. 4. the maker of the note must sign it
Only if you ever want to see your money again.
I needed to sign a promissory note for my student loan money.The bank is legally owed money when you sign a promissory note.The promissory note was only one page long but used complicated language.
If you signed a promissory note and the person decided not to sell you the car, you do not have tobpaybthe down payment. The person has already voided the promissory note by not selling to you.
the moon shins on the earth.
To sign a promissory note correctly, you should carefully read the terms and conditions, provide your full legal name, date the document, and sign it in the designated space. Make sure to keep a copy for your records.
If you are the debtor you must pay the debt and have the lender sign a release.
Not enough information is given. Promissory note for WHAT? To pay the towing bill? To prove ownership of the car? Is the towing company asking YOU to sign a promissory note? Re-word and re-submit the question.
Yes. The co-holder of a promissory can assign their rights under the note to the other co-holder by a written, notarized instrument.
if you owe them money and they accept this IN LIEU of evicting you, yes.
1. it must be in writing 2.must contain an express promise to pay not just merely acknowledgement of a debt. 3.the promise to pay must be unconditional. 4. the maker of the note must sign it
Let me get this straight, the borrower and lender enter into an agreement and sign a promisory note to secure it. The lender dies, and the debt has not been fully repaid. Easy, the borrower still owes the estate of the deceased lender.
Only if you ever want to see your money again.
Likely, no the car is not free. You are in a position to bargain though. Your best bet it to contact a lawyer before you act. Either way, the vehicle probably does not belong to you and if not returned or if the note is not signed, it could be reported stolen.