Louisiana Donación en Pago - Louisiana Dation En Paiement

State:
Louisiana
Control #:
LA-5185
Format:
Word
Instant download

Description

A Dation en Paiement is the giving by a debtor to a creditor of something other than money to cancel a debt. Usually a dation is made of mortgaged property to the mortgage holder in exchange for canceling the debt. In this example, the debtor is in debt to the creditor on both a mortgage obligation and a Consumer Security Agreement. To satisfy the debts, the debtor transfers to the creditor both the mortgaged property and a vehicle. Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
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Louisiana Donación en Pago