Re: does Promissory Note have any legal affect?

Theodore A. Kaldis wrote: 
dave wrote:


Thanks for the information. 


This loan is for them to buy some real estates. In the note, it does
indicate that in case of their death, i can use all the necessary means,
including selling their real estates, retirement acounts bank accounts to
collect principle back.


If the loan is for real estate, then it is only logical to secure the loan
with the real estate.  (And it looks like you're going beyond that.)

[Not a lawyer.] 

[But he's definitely a liar.]

WMD
.