totalgitfromwigan
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He is the boss - he lent you the money.
If he does not trust you enough by your signature alone then you will have to go along with it.
Tough break... |
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latham_m4
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it seems like your friend does not trust you very much. if you are willing to sign a promise note and really are going to pay it back i would go ahead and get it notarized. if you haven't already borrowed the money i would think long and hard about borrowing money from someone that does not trust you. getting it notarized is just your friend's way of protecting himself in case you decided not to pay and he take you to court. |
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frank
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your friend did you a favor. if you get it notarized it is gesture of goodwill from your side. |
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Frances
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Yes, just in case you don't abide by the agreement. |
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curiousgeorge
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I think your signature on the note is sufficient. But if the lender wants it notarized, get it notarized. It only costs a few dollars. |
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Jess
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The answer depends on if you are trustworthy and if your friend trusts you. The fact that he/she sugested that you get your i.o.u. notorized suggests that he/she was hurt by you before. Maybe you should work on being a more trustworthy friend. |
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no_apologies
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Yes & it's in your both interests to do so. Stop thinking he's being a schmuck for doing so- you should have thought of it. It helps to avoid any disagreements in the future.
Money is powerful and changes everything! |
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Shh_its me
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It isn't necessary, but if it will make you or your friend more comfortable, by all means, do it.
I have to say, though, I would rather borrow money from a more lenient friend. |
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Cosmo
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He was good enough to load you money. It seems the least you could do is visit a notary.
Having a promissory not is not necessary if you pay him. The question is, what if you don't? |
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davinbrent_atx
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I hope it is more than 20 dollars, or your friend sucks! But yeah a notarized promissory note binds you legally. It should be filed with the Clerk of Courts in your local courthouse. |
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justme
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yes, what does it hurt if you intend to pay him back? |
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lindzers99
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The purpose of getting it notarized is to verify that you were the person signing it and that it wasn't a forgery. It would be a good idea for your friend to make you do that because then it is verified that you were the signatory (i.e., you can't claim it's fake in a court of law) |
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aholmesemt
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A doccument that is noterized holds up better in court than a non noterized one. All it is is a signature and seal stating that someone else saw you sign the document. Kind of like a witness signature. Make sure you get recipts for the ammounts that you pay back. |
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skyislandpage
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No. A notary just attests that you are the actual person who is signing. Your friend also knows this. If it were to go to court, and you lied about signing it, then the notary could be helpful (for him). As an honest person, the notary bit does no good, since you would acknowledge that you do indeed owe the money. The notary is only good to attest that you did indeed sign the paper, and that it is not a forgery. You would be under the same obligation to pay, even if it weren't written down, or even signed, assuming you own up to the debt. |
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harassn71316
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No if he is a 'friend' he should have no problem lending it to you on good faith or a note. |
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