All businesses and families will, from time to time, find themselves awash in an... more
All businesses and families will, from time to time, find themselves awash in an unfamiliar sea of change. Changes in market conditions, complex and substantial litigation or threatened legal action, the opening of a unique opportunity that lies in unchartered waters, challenges of succession, and extreme financial pressures, are all occasional, but not atypical life cycle events where one’s ow... view profile
When you buy something on credit, you borrow the money from a lender and put yourself in debt. The paperwork documenting this transaction is a debt/lending agreement. For example, simple debt / lending agreements are used to finance RV or boat purchases. More complicated debt / lending agreements for commercial business operations may include complex credit agreements, promissory notes, security and guarantee agreements, subordination or inter-creditor agreements, patent or trademark collateral security agreements, assignment and assumption agreements, hazardous substance indemnity agreements, mortgage agreements, and accounts receivable letters. When substantial amounts of money are involved, you'll want to use a business attorney with experience in negotiating and drafting debt and lending agreements.
Debt / Lending Agreements Lawyers in cities near Salem, MA