In regards to a promissory note,

Asked 4 months ago - Greenfield, MA

first 2 payments were cash with no receipt. time for third. Can the check payment act as a receipt if written in memo?

Attorney answers (1)

  1. Michael Charles Doland

    Contributor Level 20

    Answered . The suggestion of my colleague to your duplicate posting contains very practical advise about the memo section of the check, a side-letter, and keeping independent data of payment on your computer.

    The above is general legal and business analysis. It is not "legal advice" but analysis, and different lawyers may... more

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