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At Dahl Law, we take equal pride in our professionalism and our people skills. We are a solution-oriented law firm, whether that requires negotiating a settlement or vigorously championing your case in court and other venues.While we feel that our...
Practice areas: Debt & Lending Agreements, Bankruptcy & Debt, Commercial, Real Estate
Scott Shumaker was admitted to practice law in 1993. He has over 11 years of Bankruptcy experience. Although he practices in many areas of the law, his primary focus is consumer bankruptcies, including Chapters 7 Bankruptcy and Chapter 13 Bankru...
Practice areas: Debt & Lending Agreements, Chapter 7 Bankruptcy, Bankruptcy & Debt, Chapter 13 Bankruptcy
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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.