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I want give the loan to borrower so I want know that how to make legal


14-Jun-2023 (In Recovery Law)
Sir,madam I want to know that I want to give loan(on cash) on intrest so how to make legal notice for the borrower
Answers (3)

Answer #1
768 votes
If you wish to give money to someone and in cash then it’s advisable to take a blank cheque in return from that person. If he/she fails to return your money then you can issue him/her a legal notice and demand your money back. For more legal assistance I am just a call away.
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Answer #2
543 votes
I would recommend you to get the legal advice before giving the loan so that it will b easy for you to recover the amount in case of default !
We can draft the legal Laon document for the same ..plz b in touch
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Answer #3
915 votes
You two need to sign a document / agreement and make is registered. So that in future, in case of any hustle you can recover your money back from that person. You need to consult a lawyer for this, draft an agreement and then transfer the loan amount.
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