Legal Question in Credit and Debt Law in Nebraska

Loan Liabilty

I took out a loan in my name to help a friend. She promised to pay the loan off. Is a letter signed and notarized by her stating that she is responsible for the loan enough to make it legal binding?

Asked on 9/10/07, 5:36 pm

1 Answer from Attorneys

David Anderson Anderson Business Law LLC

Re: Loan Liabilty

Not for my clients.

Security, collection info + default provisions would be minimum reqs.

How much is loan for? Small enough so you don,t care if you lose it?

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Answered on 9/10/07, 7:13 pm

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