Not your question?
Ask your question
View similar questions
Add your answer here.Check out some similar questions!
Promissory Note
[ 6 Answers ]
Hi all, If a company on 12/31/05 discounts a promissory note of $30,000 at a bank. The note was created on 06/30/05 with a term of one year, and an interest rate of 8%. The bank's discount rate is 12%. How can I record this entry? I'm sort of confused with what rate to use here, thank...
Judgment effect on Promissory Note
[ 3 Answers ]
When a promissory note has been taken to court and a judgment entered, does this remove the security interest in the property which secured the note?
Advice for a Promissory Note
[ 4 Answers ]
About 3 years ago. I signed a promissory note from a friend who owned his own business to help me start up a business that he thought would be good for me. Our relationship dissolved almost three months after the promissory note was drafted. I have not heard from them until I received a letter...
Promissory Note
[ 3 Answers ]
I lent money to a so-called "friend" of mine where I had him sign a Promissory note. The promissory note explained the terms for re-payment. It also clearly stated the consequences in case of default. I also had a security agreement with his home and the contents being the collateral. I have... View more questions Search
|