Legal Question in Credit and Debt Law in Michigan

personal loan

I would like to set up a personal loan with myself and another individual. Is there a way to do this in case there are any problems in the future in terms of collecting. Is there some sort of document that could be valid in a court dispute?


Asked on 11/10/03, 7:33 pm

1 Answer from Attorneys
Gregory J. Roth Gregory J. Roth, PLLC

Re: personal loan

You may wish to consider using a promissory note. Forms are often available, if you do not intend to have an attorney draft a document. Should you require assistance, please contact me via www.lawgreg.com

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Answered on 11/10/03, 10:42 pm


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