This affidavit is for execution when an original promissory note has been lost. The form provides a description of the contents contained in the original note and the balance due on the note at the time the note was lost. The form must also be signed in the presence of a notary public.
Massachusetts Affidavit of Lost Promissory Note
Instant download
Description
Free preview
How to fill out Affidavit Of Lost Promissory Note?
US Legal Forms - one of the largest compilations of legal documents in the United States - provides a variety of legal document templates that you can obtain or create.
By utilizing the website, you can locate thousands of forms for business and personal purposes, organized by categories, states, or keywords. You can access the latest versions of documents such as the Massachusetts Affidavit of Lost Promissory Note within minutes.
If you already have a monthly subscription, Log In and retrieve the Massachusetts Affidavit of Lost Promissory Note from the US Legal Forms catalog. The Download button will appear on every document you view. You can access all previously downloaded documents from the My documents section of your account.
Modify. Complete, edit, print, and sign the acquired Massachusetts Affidavit of Lost Promissory Note.
Every template you add to your account has no expiration date and belongs to you permanently. Therefore, if you wish to obtain or create another copy, simply navigate to the My documents section and click on the form you need. Access the Massachusetts Affidavit of Lost Promissory Note with US Legal Forms, the most comprehensive collection of legal document templates. Utilize a vast array of professional and state-specific templates that fulfill your business or personal needs.
- To use US Legal Forms for the first time, follow these simple steps.
- Ensure that you have selected the correct document for your city/area. Click on the Review button to check the content of the document. Read the document description to confirm that you have chosen the right one.
- If the document does not meet your requirements, use the Search box at the top of the screen to find one that does.
- If you are satisfied with the form, finalize your choice by clicking the Acquire now button. Then, select the payment plan you want and provide your information to register for an account.
- Process the payment. Use your credit card or PayPal account to complete the transaction.
- Select the format and download the document to your device.
Form popularity
FAQ
4. Search the county recorder's records. Promissory notes are typically recorded as public documents and accessible shortly after the closing. The trustee maintains the original deed until the loan is satisfied.
Even if a promissory note is lost, the legal obligation to repay the loan remains. The lender has a right to re-establish the note legally as long as it has not sold or transferred the note to another party.
You can get a copy of your Master Promissory Notes by going to studentloans.gov and entering your FSA ID. Click on Completed Master Promissory Notes under the menu bar heading that says My Loan Documents. The completed Master Promissory Notes will appear, and you can download them directly.
The buyer of the note becomes what is called a holder because they hold your note as the owner of it. A holder has a special right to collect from you right away if you don't pay. But only the holder of an original promissory note can collect from you. A promissory note can change many hands as it is bought and sold.
Even if a promissory note is lost, the legal obligation to repay the loan remains. The lender has a right to re-establish the note legally as long as it has not sold or transferred the note to another party.
Losing the original note or a copyThe original copy of a valid promissory note is usually held by the lender, but the borrower should also keep a copy of the signed document. If the borrower does not repay the loan, the lender can pursue appropriate legal action.
Circumstances for Release of a Promissory NoteThe debt owed on a promissory note either can be paid off, or the noteholder can forgive the debt even if it has not been fully paid. In either case, a release of promissory note needs to be signed by the noteholder.
A lost note affidavit is a sworn statement made by the lender that it has lost the original note. The affidavit also contains factual representations from the lender about the status of the note and the loan.
You can get a copy of your Master Promissory Notes by going to studentloans.gov and entering your FSA ID. Click on Completed Master Promissory Notes under the menu bar heading that says My Loan Documents. The completed Master Promissory Notes will appear, and you can download them directly.