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Failing to document a loan agreement can have significant consequences as a party may be unable to prove that a debt is owed, or the terms on which the debt is to be repaid.
If you or someone you know are party to an unwritten loan agreement – or if you or someone you know are considering entering into a loan or security arrangement – we can assist by providing specialist advice in respect of your rights and by preparing simple, cost-effective documentation to evidence the terms of the loan and any security.
Disclaimer: This article is general in nature and should not be treated as professional advice. It is recommended that you consult your advisor. No liability is assumed by Harris Tate Limited for any losses suffered by any person relying directly or indirectly upon the article above.