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World of Shareware - Software Farm 2
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LHARC1.EXE
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7000.BLD
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1992-08-31
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1KB
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35 lines
#7000
@001 Enter the name of the person giving the notice:
@002 Enter the name of the person receiving the notice:
#end control section
#7000
NOTICE TO COSIGNER
TO: @001
FROM: @002
Date: ______________________________
You are being asked to guarantee this debt. Think carefully
before you do. If the borrower doesn't pay the debt, you will
have to. Be sure that you can afford to pay if you have to, and
that you want to accept this responsibility.
You may have to pay up to the full amount of the debt if the
borrower does not pay. You may also have to pay late fees or
collection costs, which increase this amount.
The creditor can collect this debt from you without first
trying to collect from the borrower. The creditor can use the
same collection methods against you that can be used against the
borrower, such as suing you, garnishing your wages, etc. If this
debt is ever in default, that fact may become a part of YOUR
credit rating.
This notice is not the contract that makes you liable for
the debt.