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Balloon Promissory Note
The tough language involved in this Balloon Promissory Note is required to improve your chances of collecting on a defaulted note. As a rule, these kinds of notes are subject to collection problems with the borrower. The lender can forebear if he or she so chooses. However, strict terms are re...
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Demand Promissory Note
The tough language involved in this Demand Promissory Note is required to improve your chances of collecting on a defaulted note.
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Guarantee Termination
Terminating your guarantee only limits your liabilities from the date received by the party who has your guarantee. Therefore, you must send it by registered mail, by courier with signature required, or by a recognized overnight delivery service by a firm such as FedEx.
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Guaranty With Pledged Collateral
A Guaranty is similar to a Promissory Note because it creates a conditional obligation to pay a debt. In this instance when collateral is required in the form of a pledge of certain assets such as real estate, stocks or bonds, or other liquid financial instruments.
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Guaranty Without Pledged Collateral
A Guaranty is similar to a Promissory Note because it creates a conditional obligation to pay a debt. This is a standard guarantee without a provision for collateral to be provided to secure the Guaranty.
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Installment Note
An installment note is a form of promissory note calling for payment of both principal and interest in specified amounts, or specified minimum amounts, at specific time intervals.
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Promissory Note
This is a straightforward promissory note. A promissory note is a written promise to pay a debt; it’s an unconditional promise to pay on demand or at a fixed or determined future time a particular sum of money to or to the order of a specified person or to the bearer.
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Unconditional Guarantee
This Unconditional Guarantee provides for a guarantor for the repayment of a debt. This guarantor is, in effect, a co-signer for the obligation. The guarantor agrees that if any of the payments are late or not paid, they will make the payments.
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