is a notarized IOU as valid as a promissory note?
I want to make sure I have documentation that will hold up in court for a loan I have given to a friend. Will a notarized IOU (writen by me in my wording) suffice, or do I need a promissory note?
Re: is a notarized IOU as valid as a promissory note?
You're better off with a notarized promissory note; even better if there is some collateral on the note.
Re: is a notarized IOU as valid as a promissory note?
You're better off with a notarized promissory note; even better if there is some collateral on the note.
Re: is a notarized IOU as valid as a promissory note?
You're better off with a notarized promissory note; even better if there is some collateral on the note.