Enlarge imagemoney on receipt
Posted: Tue Dec 17, 2024 8:40 am
thousand, because he himself was paying for a car loan and wanted to save up for a family vacation at the seaside. However, his friend assured that in 4 months "he would return every penny."
Time passed, and Vitaly was in no hurry to pay off the debt. Yuri tried to call him, but the debtor did not get in touch: he did not answer either calls or text messages.
The man had to write a statement to the police. The problem was bolivia business email list that Yuri did not remember the address of the debtor, he only knew his first and last name. And he handed over the money in cash.
Finding the missing person and collecting the debt from him would be much easier if you had a promissory note. This document confirms that you lent money to another person.
Unfortunately, it is not customary to sign a power of attorney when lending money. It is considered offensive, especially if you are giving money to a relative or friend. But no matter what your relationship with the person is, it is extremely important to write a receipt.
This document is a guarantee of the transaction and will allow the entire amount to be recovered. Such a formality will allow avoiding many problems in the future, for example, when the debtor backs out and does not want to return anything.
Benefits of writing a promissory note:
is an indisputable proof of the debt (if this document is not available, you will have to collect other evidence of the transfer of funds);
the collection process will be much simpler and faster - the case is immediately considered by the judge himself;
the court may make a decision in just a couple of days.
A trust deed is not only useful for the lender. The borrower can be sure that the terms.
Time passed, and Vitaly was in no hurry to pay off the debt. Yuri tried to call him, but the debtor did not get in touch: he did not answer either calls or text messages.
The man had to write a statement to the police. The problem was bolivia business email list that Yuri did not remember the address of the debtor, he only knew his first and last name. And he handed over the money in cash.
Finding the missing person and collecting the debt from him would be much easier if you had a promissory note. This document confirms that you lent money to another person.
Unfortunately, it is not customary to sign a power of attorney when lending money. It is considered offensive, especially if you are giving money to a relative or friend. But no matter what your relationship with the person is, it is extremely important to write a receipt.
This document is a guarantee of the transaction and will allow the entire amount to be recovered. Such a formality will allow avoiding many problems in the future, for example, when the debtor backs out and does not want to return anything.
Benefits of writing a promissory note:
is an indisputable proof of the debt (if this document is not available, you will have to collect other evidence of the transfer of funds);
the collection process will be much simpler and faster - the case is immediately considered by the judge himself;
the court may make a decision in just a couple of days.
A trust deed is not only useful for the lender. The borrower can be sure that the terms.