Legal Question in Investment Law in New Jersey

Be very careful! $50,000 is a lot of money to be risking with a standard loan form that you do not know if it really fits your needs and likely does not offer collateral options to secure your money and ease recovery and collection in the future.

The cost of properly recording the loan and legal consultation may be a little bit more than buying a form online but you will be mitigating the risk. In addition, often times, lenders fold cost of legal consultation into the cost of the loan (you probably have seen the term 'closing costs' which are in effect the lenders' costs) so in effect your legal costs will be paid by the borrower as part of the loan payments.

Contact me directly anytime.

Roman R. Fichman, Esq.

www.TheLegalists.com │ @TheLegalist

email: Info (@) TheLegalists (dot) com

t e l : 2 1 2 -- 3 3 7 -- 9 8 3 7

Disclaimer: This post has been written for educational purposes only and was not meant to be legal advice and should not be construed as legal advice or be relied upon. No intention exists to create an attorney-client relationship or any other special relationship or privilege through this post. The post may contain errors, inaccuracies and/or omissions. You should always consult an attorney admitted to practice in your jurisdiction for specific advice. This post may be deemed as Attorney Advertising.