Legal Question in Credit and Debt Law in Louisiana
verbal agreement
I loaned a family member some money. He verbally agreed to pay it back (so much a week). What type of legal form could I use so it would back it up if he doesn't pay?
Asked on 8/30/04, 7:35 pm
1 Answer from Attorneys
Pascal Howard
Pascal M. Howard, Atty @ LaW
Re: verbal agreement
Have him sign a promissory note for the amount owed and how much is to be paid weekly or monlthly, in other words the terms of the loan.
Answered on 9/08/04, 7:50 pm