Loans and Debt Legal Forms

Loans and Debt Forms

An Amortization Schedule outlines the amount of time (number of years) it will require to repay the entire amount of a loan or mortgage with the applied interest rate as well as the amount and frequency of payments.

A Demand Letter is a letter sent by Certified Mail to demand a payment or some other action which is in default. Essentially, a Demand Letter declares why the payment or action is being claimed and how it should be fulfilled (e.g., payment in full, payment over time) as well as the directions and deadline for the reply. Demand Letters are frequently used to communicate a need for payment in order to maintain goodwill between businesses and avoid costly litigation. The "threat" contained in a Demand Letter requires a prompt action and response to avoid the resulting issuance of a notice of legal action. We offer Demand Letters for all of the following: Debt Owed, NSF Checks, or Stopped Payments.

A Personal Financial Statement outlines one's financial situation in an organized and useful manner.

An Indemnity Agreement allows one party to protect or hold harmless another party against any future losses or claims in relation to any particular activity.

A Loan Agreement is used to outline and document the terms of a loan between either individuals or corporations.

A Personal/Corporate Guarantee is a collateral contract wherein individuals or corporations agree to be responsible for the debt or obligations of an individual or company in the event the individual or company defaults on its debts owed to a lender or creditor.

A Promissory Note is a signed paper promising to pay to another a certain sum of money.

A Release Agreement (Waiver) is a legal document promising not to proceed with a legal claim in exchange for money or other compensation.

A Shareholder Loan Agreement is used in the following situations: a corporation borrowing money from one of its shareholders; a shareholder lending money to its corporation; a corporation owes money or value to a shareholder (for salary, etc.) and the parties need a record showing payment to the shareholder for tax purposes.