Legal Question in Credit and Debt Law in Texas

Debt Collection

Is a cancelled check with the words or notation ''loan'' proof of agreement to repay the debt for the amount the check is written for?


Asked on 5/21/02, 4:46 pm

1 Answer from Attorneys
Peter Bradie Bradie, Bradie & Bradie

Re: Debt Collection

Not necessarily. It supports the claim that the money was loaned, but it doesn't establish it all by itself.

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Answered on 5/21/02, 5:19 pm


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