When you take out a mortgage, or any other kind of loan, the law requires you to sign a document that signifies your agreement to repay the money. The promissory note represents a binding legal ...

Everyone likes to collect the money owed to them. This is why banks use promissory notes when extending you a mortgage or car loan. The promissory note is basically an "I Owe You" with an official ...

If you borrow or lend money, a promissory note sets the terms and details of your loan. Though it might seem like another boring document to be skimmed quickly, it's a key component of loans with very ...

Challenging the Enforceability of a Promissory Note: The Reach and Limits of the 'Sham' Exception 'Greenleaf' presents a clear framework for alleging, and demonstrating, a bona fide defense to the ...

Plaintiff sells workers’ compensation insurance through its “EquityComp” program approved by New Jersey law. Defendant purchased an EquityComp policy. Unable to pay its insurance premiums, defendant ...