legalnut.com - Re:continuing loan

How competitive are you at different Law Schools?

Enter your LSAT and GPA scores and find out!

Legal Forums

Welcome, Guest
Please Login or Register. Lost Password?

Re:continuing loan (1 viewing) (1) Guest

Favoured: 0

TOPIC: Re:continuing loan

Forum Tools

#7750

Tim46 (User)

Expert Boarder

Posts: 120

continuing loan 6 Years, 10 Months ago	Karma: 4
How would you structure a promissory note where i have given money in the past to someone and i expect that i will have to give more money in the future so that person? Its a continuing loan. So, how would you phrase the fact that the promissory note is for a continuing loan?

Report to moderator Logged

Logged

The administrator has disabled public write access.

#7829

Miami LS (User)

Gold Boarder

Posts: 181

Re:continuing loan 6 Years, 8 Months ago	Karma: 0
Create either a secured or unsecured promissory note. If the Payee will be making continuing payment to the Maker, then you reference that in the note. In fact, the Maker can sign with continued or advance loan acknowledging the additional loan and it can be incorporated by reference in the note. If you want, draft a note generically without names and I can critique it online.

Report to moderator Logged

Logged

The administrator has disabled public write access.

Forum List

Attorneys

Business and Corporate Law

LegalNut Resources

Attorney jobs listings and sites with attorney salary information, attorney job search functions, and salaries by law firm.

Law school rankings show how competitive your lsat scores would be at top law schools in the US.

Law school admissions advice is available both at the LSAT forum and throughout the pre-law section, including LSAT prep options, law school personal statement help, LSAT score distributions and law school bar exam pass rates.

GPA:	out of 4.0
LSAT:	out of 180