Well, even though he`s a good friend of mine, I want to be in a safe place. That is why I would like to conclude a mutual agreement with him, in which it is said: “I stand only as guarantor and all debts/loans taken care of are borne only by him and debited automatically from his savings account. Hello sir sreekant, my English is a little low, please adapt, in 2010 I had a good friendship with an old lady, she made me love her daughter, so I married her, I did, and her daughter to keep in mind that I will be her son in law, she gave me 3lakhs rupees in part time to manage my financial problems, she put on my account, then she started and her daughter began to dominate me in everyone and everything in my life, when I recognized her worst behavior day after day, I finally broke their marriage proposal, then they started torturing me with calls, and threatened my parents too , insulted me by making me pass my colleagues “Friends and relatives, every day they will call me and scold me and ask me for money abt, then I almost tried to commit suicide, but I could not, then somehow I got credit 3 lakhs, I repaid to hand them back in full cash, now I thought, it`s all over, but again she went to my bank and took my bank statement lying like she is my mother, which is dated 2010, now indicating that she shows that this office I filed, so give me back, but I paid her full, just mistake of the hand, there is no agreement among us , only she shows her function on my statement of account, which is now threatening me to threaten to sue “How can I prove, and how can she prove how it happened in 2010 and there is no agreement except my statement of account says his deposited office,pls help me love Kartika.. It depends on the terms and conditions written in the agreement. Is this clause included in the agreement that you must return the advance if the buyer is unable to purchase the property?? I want to give my relative 5 lakhs rupees on interest rates at 2% per month. So please offer me a loan with my money guarantee. I`m waiting for your answer. An excellent article on loans of different types. Your personal touch makes it more human and is better than short, professional and cold information. Cheers!!! Continue to write….. My mother wants credit on farmland as every year she borrows, but for now I am not able to go there and sign the loan contract as a major nominated country coVID-19, I spoke with the bank managers and asked about it, he told me to provide him with this last accepetence on stamp paper, how can I do it and what should I write on stamp paper? Do I need to do it urgently? Please. A loan agreement is broader than a debt and contains clauses on the entire agreement, additional expenses and the modification process (i.e. to amend the terms of the agreement).
Use a loan contract for large-scale loans or from several lenders. Use a debt note for loans from non-traditional lenders such as individuals or businesses rather than banks or credit unions. A great blog you have, such a valuable source of information for many of us. I hope I ask you to clarify the following concerns. I lent 5 lakhs to a relative in 2014. As there was no refund, I had it made a handwritten PN (with 2 witnesses) in 2016, although it was established with the date 2014. Now I am warned that I will sue him, but he defies me and tells me that he would plead that he has already repaid it, and the PN I have is a forgery. My worries are; 1) Is it safe for me to assure the court that the PN is written in 2014? Is there any way he can prove it differently? 2) Is he on trial when he claims to have already repaid it? He will certainly have no evidence to support his lie.