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.
Fulton Georgia Affidavit of Lost Promissory Note
Category:
State:
Multi-State
County:
Fulton
Control #:
US-00408
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Affidavit Of Lost Promissory Note?
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FAQ
If you lose a promissory note, the original borrower is still responsible for repayment, but recovering your rights can be challenging. You may need to file a Fulton Georgia Affidavit of Lost Promissory Note to document the missing document and request a replacement. This affidavit serves as proof of your claim and helps facilitate the process of rectifying the situation. For assistance, platforms like uslegalforms can guide you through filing the necessary documentation.
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.
The lender holds the promissory note while the loan is outstanding. When the loan is paid off, the note is marked as "paid in full" and returned to the borrower.
Probate typically takes 12-18 months in Georgia depending on the size or assets of the estate.
The Probate Court system in Georgia is in place to take care of clerical matters regarding estate planning, inheritance, the probate of wills, and issue marriage licenses and firearms. Its purpose is to ensure efficiency in non-criminal legal matters that mainly involve filing paperwork.
The General Duties and Responsibilities of the Probate Judges Office as defined in the Official Code of Georgia and the Constitution of the State of Georgia are: to determine the validity of wills. to enforce the provisions of valid wills. to prevent malfeasance by executors and administrators of estates.
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.
If the person you're trying to collect from didn't sign it and yes, this happens the note is void. It may also become void if it failed some other law, for example, if it was charging an illegally high rate of interest. Even if the note had been originally valid, you can void it by altering it.
Johnson. Kenya Johnson currently serves as the Chief Judge of the Probate Court of Fulton County.
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.