Legal Question in Credit and Debt Law in Illinois

Promissory Note Preparation

Is there anything special that needs to be included in the note where the lender is in Illinois and the borrower is in Oregon?


Asked on 7/03/08, 1:28 am

2 Answers from Attorneys

Thomas Moens Moens Law Offices, Chartered

Re: Promissory Note Preparation

There are many "special" provisions may which need to be included in a promissory note to be enforceable in a particular circumstance. You really should discuss your situation with an attorney to be sure you are covered. A quick off the cuff answer may cause more problems than it solves.

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Answered on 7/07/08, 3:13 pm
Thomas Moens Moens Law Offices, Chartered

Re: Promissory Note Preparation

There are many "special" provisions may which need to be included in a promissory note to be enforceable in a particular circumstance. You really should discuss your situation with an attorney to be sure you are covered. A quick off the cuff answer may cause more problems than it solves.

Read more
Answered on 7/07/08, 3:15 pm


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