QueenDee_
Well-Known Member
Where can I find a copy of the BHS sample loan agreement? Can't seem to find a link to it on google
please keep in mind its not a legal document and can if push come to shove mean not a thing.,
Actually, that's not true. A loan agreement is a 'contract' and even a verbal agreement can stand up in court if you can show reasonable 'proof' (I know, I won a case where there was no written contract!)
Provided the loan agreement is sensibly edited and signed by both parties - with both signatures witnessed - there is NO reason it swhouldn't stand up in court! Put it this way, you stand MUCH more chance with it than without it!