Louisiana  |  Credit and Debt Law

Legal Question

Asked on: 8/30/04, 7:35 pm

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?

1 Answer

Answered on: 9/08/04, 7:50 pm by Pascal Howard

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.

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Pascal M. Howard, Atty @ LaW P.O. Box 3262 Morgan City, LA 70381-3262

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