Legal Question in Credit and Debt Law in Illinois
Promissory Note Preparation
Is there anything special that needs to be included in the note where the lender is in Illinois and the borrower is in Oregon?
2 Answers from Attorneys
Re: Promissory Note Preparation
There are many "special" provisions may which need to be included in a promissory note to be enforceable in a particular circumstance. You really should discuss your situation with an attorney to be sure you are covered. A quick off the cuff answer may cause more problems than it solves.
Re: Promissory Note Preparation
There are many "special" provisions may which need to be included in a promissory note to be enforceable in a particular circumstance. You really should discuss your situation with an attorney to be sure you are covered. A quick off the cuff answer may cause more problems than it solves.