FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018. By continuing to use this site, you are consenting to our Terms of Service and use of cookies.
I can't really say for sure. I have always assumed my sister was handling their finances, at least for the last 5 years or so ... and that is a pretty safe bet. That is likely the reason why she thought she could get away with not revealing the loan upon their deaths. If my father hadn't told...
> Does the promissory note mention any consequences if the loan is never repaid? '
The second paragraph at the top of the Promissory Note states:
"The Undersigned shall also pay all costs of collection including fifteen (15%) per cent of the principal
and interest as attorney's fees...
Thanks for your response!
> He/she can not force your sister to start repaying.
We haven't gotten as far as that, but I am not expecting there to be any problem with her paying the principal. The problem is that my lawyer simply has not been active on the case at all. Soon after he took...
What is the name of your state?GA
My parent's died nearly 2 years ago. My sister was named as Executor/Trustee but also had a large personal loan taken out against her portion of the estate, to be paid off when both my parents passed. She has been dishonest and deceptive from the first. She...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.