Legal Question in Credit and Debt Law in Georgia

sale of promissary note

I hold a promissary note in the amount of $9500.less four payment or a balance of $8500 +. The borrower and I want to have this obligation asigned to a willing third party and wants to ammend the terms that we all agree on. How can this be done??


Asked on 9/27/06, 4:27 pm

1 Answer from Attorneys
Scott Riddle Law Office of Scott B. Riddle, LLC

Re: sale of promissary note

Generally, in most cases one can draft a written agreement stating the terms, and sign. Whether the circumstances of your particular situation would require additional terms could only be determined by hearing the whole story.

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Answered on 9/27/06, 4:32 pm


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