This package includes the essential forms needed for making and collecting a personal loan. These forms are an important tool for avoiding future misunderstandings and disputes. Purchase of this package is a savings of more than 50% over purchase of the forms individually!
The following forms are included in this package:
Unsecured Installment Payment Promissory Note for Fixed Rate - This is a Promissory Note for your state. The promissory note is unsecured, with a fixed interest rate, and contains a provision for installment payments.
Secured Promissory Note - This form is a secured Promissory Note. The note includes a provision which describes the collateral to be used as security on the loan. The form also contains a section which details various actions which would constitute default on the note.
Personal Guaranty - General - This form is a Guaranty. The form provides that the guarantor assures the full and prompt payment of all obligations incurred by the payor.
Sample Letter for Past Due Balance - This is a sample notice for use when a debtor is overdue in payments on a promissory note. A time period for making payment before further action is taken, which may be modified to suit your needs, is provided.
Complaint for Past Due Promissory Note - The form is a complaint for a default on payments due pursuant to a promissory note. The complaint adopts the "notice pleadings" format of the Federal Rules of Civil Procedure, which have been adopted by most states in one form or another.
Promissory Note with Installment Payments - This form is a Promissory Note. The form provides that the borrower promises to pay the lender in monthly installments. The agreement also provides that there will not be a pre-payment penalty on the note.
Notice of Default in Payment Due on Promissory Note - This form is a notice of a failure to make a required payment when due pursuant to a promissory note. The form also contains a warning to the breaching party that legal action will be taken unless the breach is remedied on or before a certain date. This form is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a notice in a particular jurisdiction.
Resolution of Meeting of Corporation to Make Specific Loan - This form is a resolution of meeting of a board of directors or shareholders to make specific loan. This form may be easily modified for use by other business entities.
Receipt for Payment of Account - This form is a Receipt. The form provides that the undersigned acknowledges the receipt of a certain sum of money which constitutes payment on the account named in the receipt. The receipt also lists the balance remaining on the account, if applicable.
Promissory Note with Confessed Judgment Provisions - This form is a Promissory Note with Confessed Judgment Provisions. The maker of the note promises to repay a loan received from the lender, with interest. The form provides that if the maker defaults upon the loan, the lender may exercise the option of demanding the immediate payment of the entire loan. The debtor agrees to have judgment entered in the lenders favor if court action is brought to enforce collection.
Balloon Unsecured Promissory Note - This form is a model balloon promissory note, with a fixed interest rate. A balloon note is structured such that a large payment is due at the end of the repayment period. Adapt to fit your specific circumstances.
Form loan documents for the Social Security System (SSS) are important for borrowers seeking financial assistance from this government agency. These forms serve as an official agreement between the borrower and SSS, outlining the terms and conditions of the loan. Let's explore the various types of loan forms available for different purposes: 1. SSS Salary Loan Form: This form is used for employees, both private and government, who are active SSS members and wish to avail themselves of a loan. The form captures personal information, employment details, desired loan amount, and the borrower's acknowledgment and consent to comply with the SSS loan policies. 2. SSS Business Loan Form: Designed for self-employed individuals or business owners who are SSS members, this form enables borrowers to secure loans for business-related purposes. It collects information on the borrower's business type, nature, financial statements, and loan requirements. 3. SSS Housing Loan Application Form: Individuals looking to finance their residential property purchase or construction can use this form. It contains comprehensive sections to record personal details, property particulars, loan preferences, and the corresponding collateral for the loan. 4. SSS Calamity Loan Form: When a natural disaster or calamity occurs, SSS offers a loan to help affected individuals recover. The form captures information related to the calamity, beneficiary details, and loan amount requested, along with the necessary supporting documents. 5. SSS Educational Loan Form: This form is primarily for SSS members seeking financial assistance for educational purposes, such as tuition fees, books, or educational expenses. It documents the borrower's personal information, educational institution details, loan amount required, and the academic program to be pursued. 6. SSS Restructuring Loan Form: In cases of outstanding loan balances or delinquency, SSS offers a restructuring program to assist borrowers in settling their loan obligations. The form collects data pertaining to overdue loans, payment schedules, and outstanding balances. Each SSS loan form is formulated to address specific borrowing needs, enabling individuals to access financial support through a well-defined application process. It is essential to accurately complete all sections of the applicable form and attach any required documents to ensure a smooth loan application and approval process with the SSS.
