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.
Loan Document Form for Green Card: A Detailed Description and Types Loan document forms for green card are legal agreements that individuals who are in the process of obtaining a green card can utilize to secure various types of loans. These documents serve as an official record of the loan terms, conditions, and repayment obligations. They outline the rights and responsibilities of both the lender and the borrower, ensuring transparency and protecting the interests of both parties involved. Here are some relevant keywords related to loan document forms for green card: 1. Loan Application Form: This specific type of loan document form is used by green card applicants to apply for a loan. It typically includes sections for personal information, employment details, financial statements, and the purpose of the loan. 2. Promissory Note: This document acknowledges the existence of the loan and highlights the borrower's promise to repay the borrowed amount within a specified timeframe. It contains details of the loan, such as the loan amount, interest rate, repayment schedule, and the consequences of default. 3. Loan Agreement: This comprehensive document outlines the terms and conditions of the loan, including the amount borrowed, the interest rate, repayment options, and any applicable fees or penalties. It serves as a legally binding contract between the lender and the borrower, ensuring both parties understand their obligations. 4. Collateral Agreement: In situations where the borrower pledges collateral (such as a property, vehicle, or other valuable assets) to secure the loan, a separate collateral agreement may be required. It specifies the details of the collateral, conditions for its possession, and the consequences if the borrower fails to repay the loan. 5. Guarantor Agreement: In some cases, a loan may require a guarantor, usually a trusted individual who promises to repay the loan if the borrower defaults. The guarantor agreement specifies the terms and obligations of the guarantor in relation to the loan. 6. Mortgage Loan Document: Specifically used for mortgage loans, this document outlines the terms and conditions of the loan when purchasing a property. It contains information about the property, loan amount, repayment structure, interest rates, and other relevant details. 7. Personal Loan Agreement: This loan document form is used for personal loans that green card applicants may require. It includes details about the loan amount, repayment terms, interest rates, and any additional fees or penalties. These loan document forms are crucial for green card holders who need financial assistance during their immigration process or even after they have obtained their green card. It is essential to carefully review and understand the contents of these forms before signing, seeking legal advice if necessary, to ensure both parties are protected and fully aware of their rights and responsibilities.
