Pleasant Ridge Debt Agreements Lawyers — 1 found

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  1. Pleasant Ridge Debt / Lending Agreements Lawyer Larry E. Powe

    Larry Powe

    I am active in my communities, both business and residential, in Macomb, Oakland, and Wayne counties, for causes to benefit the people who mingle there. The chambers of commerce,... more
    Licensed for 42 years - $200-$300/hour
    AVVO
    RATING

    8.8

Debt & Lending Agreements

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.