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DEBT.FMS
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1997-07-22
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20116.bld Agreement to compromise debt
~An agreement for a compromise of a disputed debt.
20108.bld Notice of default
~Prepares a notice that a note is in default.
1600.bld Unconditional guarantee
~Prepares an unconditional guarantee of a debts, either for a
~specific or unlimited amount.
810046.bld Revocation of guarantee
~Although revoking a guarantee does not avoid past liability it
~does prevent further liability from being incurred in most
~cases.
20111.BLD Settlement offer
~This is a formal offer to compromise a debt. Upon signature this
~becomes a binding agreement to accept less from the debtor.
20137.BLD Subordination agreement, secured debt
~This is an agreement for a secured creditor to accept a lower,
~subordinated position as to their debt.
20136.BLD Subordination agreement
~This is an agreement in which a creditor accepts a lower
~priority as to other debts.
subland.bld Subordination by landlord
~Landlord's liens are generally ahead of any other liens on the
~same property. This is a waiver of the landlord's priority.
~Often used when a lender is financing improvements.
substit.BLD Substitution of collateral agreement
~If a secured creditor and debtor agree that some collateral will
~be released and other collateral accepted in its place, this
~agreement is used to release the original collateral and to
~accept the new collateral.
810045.BLD Discharge of guarantor
~If a creditor reaches an agreement for a release with a
~guarantor of a debt this form can be used to cancel the
~guarantee.
relcol.bld Release of collateral
~Agreement for a partial or total release of collateral under a
~secured lending arrangement.