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Review: “Brad handled both a divorce and bankruptcy for me. It was a very difficult situation, but he handled my case promptly and efficiently. His prices for these services were excellent, and the level of professionalism was com...
Practice areas & skills: Debt & Lending Agreements, Family, Divorce & Separation, Bankruptcy & Debt, Criminal Defense
Review: “Attorney William Otto is a very patient, knowledgeable, and responsive lawyer. He is always prepared to help in any way he can. He knows his area of expertise and this is evident when you call on him to help with a situ...
Practice areas & skills: Debt & Lending Agreements, Real Estate, Construction & Development, Business, Corporate & Incorporation
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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.