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Shareware Overload Trio 2
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Shareware Overload Trio Volume 2 (Chestnut CD-ROM).ISO
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dir33
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lawfirm.zip
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NOTHLP
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Text File
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1990-08-19
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7KB
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145 lines
Question 1:
Please enter the amount of the note. You needn't put a "$" sign
because it will automatically appear in the document.
Question 2:
You need to enter the place where the note will be signed.
Question 3:
Please enter the date of when the note is to be signed.
Question 4:
Please enter the full name of the payee, the one who is to receive
the money. This can be an individual, more than one person (please
separate the names by commas), or a company name.
Question 5:
This information is necessary so the payments can be sent to the
right address.
Question 6:
The program affords a great deal of flexibility in the kind of
notes that can be written. You can write notes with interest,
without interest, with installments, with balloon payments, etc.
Question 7:
If you have chosen to write a note with interest, please specify
the percentage rate (annual). You needn't put a "%" sign since one
will automatically appear in the document.
Question 8:
This question calls for the date of when the interest will start.
Question 9:
The program affords a great deal of flexibility in the kind of
notes that can be written. You can write notes with interest,
without interest, with installments, with balloon payments, etc.
This question will allow you to specify that the note will only be
due on demand. ("On demand" means that there is no due date; the
note is simply due whenever the payee demands payment.)
Question 10:
The program affords a great deal of flexibility in the kind of
notes that can be written. You can write notes with interest,
without interest, with installments, with balloon payments, etc.
If the payment should be made on an installment basis then answer
this question "yes"; but if the payment is to be in one lump sum,
then answer this question "no."
Question 11:
You need to specify when the note will be due.
Question 12:
If the note is to paid in installments, then specify the amount of
each. You needn't put a "$" sign because it will automatically
appear in the document.
Question 13:
Please list the date that the first installment is going to be due.
Here, you should put down only the day, for example, "1st", "2nd",
etc.
Question 14:
Here, enter the month that the first installment will be due.
Question 15:
The program affords a great deal of flexibility in the kind of
notes that can be written. You can write notes with interest,
without interest, with installments, with balloon payments, etc. A
balloon payment is large lump sum payment of principal.
Question 16:
Please enter the length of time for the note.
Question 17:
If you have specified that there is to be a balloon payment, then
you must list the date of such payment.
Question 18:
It is often a good idea to specify that if the payment isn't
received when due, then the person paying the note has to pay an
additional amount.
Question 19:
Here, put down the amount of the charge. You needn't put a "$"
sign because it will automatically appear in the document.
Question 20:
Generally, this question will be answered to charge the late fee if
a payment is a certain number of days late.
Question 21:
This allows for an acceleration clause in the note. Such a clause
will allow that if a payment isn't made when due, the person who is
owed the money can call the entire amount due and therefore sue on
all of the principal that is owed.
Question 22:
Some loans do not allow for the early payment of the loan without a
penalty. This ensures that the lending party gets some interest
even if the money is paid early. This question allows you to
specify that there won't be such a penalty.
Question 23:
In many states it is necessary to have a clause like this in a
contract to enable the prevailing party in a dispute to be
reimbursed for attorneys' fees. The cost of legal help is
becoming such that if you can't get fees from the other side if
the agreement is breached, then it could be too expensive to
proceed against them to enforce your rights. Thus, this kind of
clause is often a very good idea. If you are not sure that you can
get fees in your state or territory without this clause, then it is
recommended.
Question 24:
You can specify that if the note is paid early, the person paying
it will get a discount or reduction in the amount due. This will
encourage the early payment of the note.
Question 25:
If you have specified that there will be a discount if the note is
paid early, then you need to put in the document the date when the
discount will be available.
Question 26:
If there is to be a discount of the note, then enter the percentage
of discount: for example 2. (The program will provide the percent
sign, so you needn't include one.) If the note is for $10,000 and
you put a 2% discount in the note then it can be paid off for
$9,800 by the proper date.
Question 27:
When the maker (person paying the note) declares bankruptcy it is
often helpful to call the entire balance of the note due. Then,
the entire amount can be recovered in the bankruptcy court, if
possible, or can be written off under the appropriate
circumstances.
Question 28:
You can identify that the note is secured by some property. This
can be either real or personal property and will protect the payee
of the note (person being paid) if the payments aren't made since
the security can then be used to pay the note. If there is to be
security, it needs to be specified in the note and it is a good
idea to write another agreement such as a "Security Agreement",
like the one provided in this program.
Question 29:
Here, you should list the property that the note is secured by.
Question 30:
In order to specify the property that is to be secured, you should
date the document that grants the security interest and put the
date in this note.
Question 31:
Here, be sure to specifically list the property that is to be the
security, such as "his 1965 Ford Mustang, vehicle #87675".
Question 32:
As assignment clause allows the note to be assigned to another
person. Thus, this makes it easy to put in another person or
company who will then have the right to receive the payment(s)
under the note.
Question 33:
If more than one person will be promising to make the payments
under the note, then this should be answered "yes". You can, of
course have a guarantor for the note by writting a "Personal
Guarantee" like the one provided in this program.
Question 34:
The questions are now complete. You can go back to any question if
you wish by pressing "escape", or you can continue with the
program. Now that the questions are completed, the program will
allow you to preview the document, write it to a disk file for
editing further or print it. Note that it will be automatically
saved so you can review or print it later.