QUESTION

Promissory Note

Asked on Jan 28th, 2015 on Collections - Florida
More details to this question:
I signed a Promissory note with my employer during my OPT period and sent scan copy. Is the Promissory note is Valid..?
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1 ANSWER

Commercial Litigation Attorney serving St. Petersburg, FL at Law Office of Guy P. Coburn
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Generally the original Promissory Note is essential to sue as a Promissory Note, but the lender can still sue and either (a) include a count for Lost Note and reestablish the note, or (b) sue simply under the "Money Lent" cause of action.  So even if you did not deliver the originally signed note, the lender can still go after you for the money owed.
Answered on Feb 10th, 2015 at 1:49 PM

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