MyTechnologyLawyer.com























Advanced Search         



Tech Forms Overview


Table of Contents



Corporation



Financing



Prom Note (Standard)



Prom Note (Debtor)



Prom Note (Lender)



Revolving Loan/Note



Corporate Resolutions



Stock Agreements



Asset Transfers



Administrative


E-Commerce


Intellectual Property


Software


Hardware


Technology Services


Employment


Technology Marketing


General Business





Click Here for the MyTechnologyLawyer Radio Show
Promissory Note (Favors Debtor)

This form protects Debtor by increasing lendor’s collection costs on the debt.

Promissory Note (Favors Debtor)
Get all the forms in this library for $195.00
--CLICK HERE--
(Compare various libraries)
This is the form you need if you are borrowing money.
Get a Free Catalog
- 170 Forms -
w/ descriptions
--CLICK HERE--
Requires Adobe Acrobat Reader
Get This Form Free
Click Here to learn how...

$39.95 >> 24 Hour Subscription
Purchase Now
FREE CONSULTATION!!!
with every form purchased.
Click here for details


GetAcrobatReader


Form Overview
The Promissory Note favoring the debtor establishes procedural protections against unreasonable enforcement and collection of the Note. The Note is made by "maker" as debtor thereunder, which can be a separate corporation established for such purposes. The annual interest rate is specified by the parties, with annual installments paid over a ten year period. Maker reserves the right to prepay the Note and the grace period is ninety days from notice of default. The arbitration provision is structured to favor debtor. You can find answers to your questions using our extensive library of audio questions and answers
.

Click here to view Key Issues relating to this form.

Click here to view Instructions for completing variables on this form (requires Adobe Acrobat Reader).

Click Here to find out how this form is used in the transaction process.


© 2021 Draughon® All Rights Reserved
United States Patent Pending
Terms of Use       Privacy Statement

magnasid: 3cacb8907fd08e247a2a3377a91cb8d2

sid: MTL.171166991221

cookie: MagnaSid=3cacb8907fd08e247a2a3377a91cb8d2; path=/; expires=Fri, 29-Mar-2024 03:51:52 GMT; secure





  FORM INSTRUCTIONS



Scott Draughon provides insight and instruction to help ensure successful use of MyTechnology Lawyer.com forms.

Real Player



Windows Media








Click Here to Download Real Player



Click Here to download Windows Media Player



 Related CD-ROMs

 > 

FREE BOOK - Legal Questions (Hardcover) - 165 pgs

 > 

Legal Questions about Promissory Notes and related documents