Lending Money

I got some instructions from an old client that I had to sue a couple of years ago to recover some fees.

Her father wishes to lend money for 6 months to a heavily geared individual at a rather high interest rate due to the risk involved.

We are being instructed to prepare:

  • A loan agreement, with guarantees;
  • A charge over real property to help secure the loan; and
  • A charge over all the borrower’s and guarantors’ personal assets.

The borrower will be liable for our fees, but given the past history we are asking for all the fees to be deposited in my trust account before we commence work! J

So for assistance with loan and security documents – see Michael Paterson & Associates.

Let’s Chat:

 

Chat:
(08) 9443 5383

 

Correspond:
legaladvice@patersons.com.au

 

Coffee:
4/88 Walters Drive
Osborne Park
Western Australia 6017

 

Complete:
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Chat:
(08) 9443 5383

Correspond:
legaladvice@patersons.com.au

Coffee:
4/88 Walters Drive
Osborne Park
Western Australia 6017

Complete:
the form below…

Please provide your details...