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Asked in CA May 26, 2022 ,  0 answers Visitors: 4

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?

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3 Answers

Anonymous
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Posted on / Nov. 17, 2007 21:49:00

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.

Anonymous
Reply

Posted on / Nov. 17, 2007 21:49:00

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.

Anonymous
Reply

Posted on / Nov. 17, 2007 21:49:00

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.

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