What is the process involved in getting a promisary note......?

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What is the process involved in getting a promisary note......?

2007-12-10 16:09:40 · 3 answers · asked by dianne s 2 in Politics & Government ➔ Law & Ethics

3 answers

You ask the person to sign on the dotted line before you release any funds to them. It is a simple contract which needs to have consideration and a meeting of the minds.

2007-12-10 16:21:52 · answer #1 · answered by lcmcpa 7 · 3⤊ 0⤋

You ask the person who owes you the money to write a note that says "I promise to pay Dianne $xx.xx by such and such a date" and sign it. That's all there is to a promissory note.

Richard

2007-12-10 16:15:05 · answer #2 · answered by rickinnocal 7 · 1⤊ 0⤋

yes

2007-12-10 16:18:47 · answer #3 · answered by nckjeanpierre 2 · 1⤊ 0⤋