Everyone likes to collect the money owed to them. This is why banks use promissory notes when extending you a mortgage or car loan. The promissory note is basically an "I Owe You" with an official ...

Every entrepreneur at one time or another has probably sat around the dinning room table presenting his or her brilliant business concept to an uncle, college buddy or colleague hoping to fineness a ...

A promissory note is the contract between you and your lender that sets the terms of the loan you are taking. It is very important that you carefully read through each promissory note before you sign ...

If you're lending to a relative or friend, you'll want to craft a written agreement. This sample promissory note (also available in Microsoft Word, PDF and plain text downloadable files) spells out ...

You have to spend money to make money, as the old saying goes. But sometimes you have to borrow money to spend money, too. “It’s really the most important legal document that establishes the ...

Small businesses frequently borrow money, or extend credit, in the course of their operations. A promissory note is the document that sets forth the terms of a loan's repayment. A promissory note can ...

Q: Is a promissory note better than a land installment contract? A: A land installment contract is a procedure whereby the property owner enters into a contract with a potential buyer. The buyer ...