Posts Tagged ‘promissary-note’

Promissary Note/LLC

I took over a business and signed a promissary note in my and my husbands name and since then we have become a LLC if I can't make the loan payment would I have to file bankruptcy or would the LLC protect us?:confused:

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Be the first to comment - What do you think?  Posted by jedwan - June 9, 2010 at 8:43 pm

Categories: Mortgage   Tags: , , , , , , , , ,

I wrote a promissary note for a car. am I legally bound to buy?

I wrote a promissary note to purchase a vehicle 2 weeks ago, and I was ready to purchase it immediately. however the private seller didnt have the title and needed to order a new one, so obviously no money was exchanged, and no car was accepted. since then I have reconsidered, and the seller is on a time constraint to sell..am I legally bound to purchase it

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Be the first to comment - What do you think?  Posted by jedwan - March 18, 2010 at 1:12 pm

Categories: Mortgage   Tags: , , , , , , , , ,