how enforceable is a promissory note?
369443
As long as both parties have signed and that no-one was under the influence of any substances it is legally a binding document that can stand up in court.Very hard to prove that the persons themselves actually signed it and that neither parties were under the influence unless witnessed by a justice of the peace or a court officer.
948551
The Federal Fair Debt Collection Practices Act prohibits the publishing of credit "Black Lists" like this.  There may also be a state law regarding the same.\n\nOne exception to that, though, is if the association is suing the individual and is serving notice by publishing it in the paper, that is fine.\n\nAlso, if they have the right to foreclose on property for non-payment, that will also be published as part of the foreclosure and notice of sales procedures.\n\nBut just to put a list out there  of late payers?  No, FDCPA prohibits that.
880534
I think it's dependent upon the contract she signed.\n\nAssuming everything is as you say, your figures are at least approximately correct.  But the average person does not understand amortization, and how in the early years the vast majority of the payment is to pay off interest as it happens.  Your figures look at least approximately correct.\n\nAs for her "only for the bank" argument, explain to her that the payment schedule is according to the contract she signed, and acquiring the loan under fraudulent conditions is grounds for prison time.\n\nIt strikes me that your payoff offer is incredibly generous.  If her payments have been on time, you could probably sell that note for significantly more than face value, particularly if the property has increased in value.  If her payments haven't been on time, you might have grounds for foreclosure, penalties, etcetera.  It doesn't look like she has any gripe coming.
987665
http://www.lawchek.com/letterpr.htm
815968
specify terms ( payment and schedule and penalties ) parties ( who pays and who receives ) property ( what and final disposition ) you also need to get the lien placed on the title ( can't repo without that - a judgment is useless ) get all the above notarized\n\nshould be samples on the web search ! try for state specific contracts ( in case your state is one of the ones with oddball little laws - like the few that specify that only licensed lenders can place liens on titles )
768299
If he signed an agreement with her stating that he would pay back the money she spent to redeem his car, then yes, he is legally obligated to uphold his signed agreement.  She can take him to court for default of that agreement if he doesn't keep his word.  Then he would have a court judgment against him as well as the contractual obligation.  After obtaining a court judgment, she could then place a lien on his property to collect the debt or even force him into forclosure or bankruptcy depending on what assets he has available balanced against his ability to pay.
841078
No.Make an itemized list under a certain heading for example, Tom gets my book collection etc, household items for Tom.\nIf there is a true quality item be sure to specify who gets it and list those items of interest separately. Name a well who becomes executor of your estate and be sure that person signs and agrees to do so and have all signatures notarized.
1161168
The validity of the contract will not be affected by the place of signing or preparartion.\n\nFor other details u should explain the nature of arrangement.
245075
Here is the applicable federal statute:\n\nWhoever knowingly and willfully deposits any mailable matter such as statements of accounts, circulars, sale bills, or other like matter, on which no postage has been paid, in any letter box established, approved, or accepted by the Postal Service for the receipt or delivery of mail matter on any mail route with intent to avoid payment of lawful postage thereon, shall for each such offense be fined under this title.
1144061
Umm, no.\nThe note is anonymous.  No signing is needed.  If you need to use parting words, Warm Regards is the best of the choices.
627212
read your purchase agreement.  If it is standard your failure to object will not lead to forfeiting the ernest money but will lead instead to you having waived any objections by failure to make them in a timely manner.  The matter is governed by the purchase agreement, not by law.
652951
Without more details to go on my first thought the quite claim is probably not enforceable.  First I would check with the recorder's office and get a copy of all documents relating to this property.  I would also contact the Title Company and see what they have to say about this.  Could this be a person who was a prior owner of this property?  \n\nThere are occassions where papers have been filed on the right person, the wrong property.  Hopefully that's all it is and you can clear that up easily.  I would also contact the person or business to whom the deed was quit claimed to.  They will probably be able to tell you the circumstances that led to them filing on your property.  \n\nFinally, there is always the possibility that someone stole and identity and forged papers that made it appear that he owned that parcel.  I see that occassionaly where I work, doing bail bonds, when they try to use property as collateral for a bail bond.
158162
The seller of the property carry's the note and acts as the bank.
112811
you need to contact your loan lender right away. I don't think you'll have to pay it back, but you'll have to make changes on your master promissary note. The Loan officer will give you more instructions.
794409
Talk with a lawyer.  I believe that you do have to comply.  I am not certain.  Talk with a lawyer or comply.
1128221
an enforcement order is a document which will give and outline a time limit in which you must full fill any financial obligations you may have.try and set up a repayment plan with them you must act quickly because they dont allow much time .\nanother idea may be  but inly if you feel you can not pay in the time given is....going for a IVA this is a individual voluntary agreement... this will keep the courts off your back and you can re pay your debt over 60 months after agreeing a certain amount each month. have they served you notice yet ??? let me know topjatt@yahoo.com
163917
The seller’s debt (mortgage) is reassigned to you and remains in first priority as a lien against the property.  Any further financing (junior financing) is considered a second on the property.  If the current note (mortgage) is at a good rate, assumption can be a good thing.  The bank already knows the property is worth the risk.