124 Debt Finance Contracts
Ending a joint hire purchase or a conditional sale agreement - letter
GitLaw Import Account
This letter template allows individuals to formally terminate a joint hire purchase or conditional sale agreement before the final payment is due. It cites relevant sections of the Consumer Credit Act and requests information on returning the goods and any outstanding liability. This helps consumers exercise their legal right to end such agreements.
No money to pay creditors - joint letter
GitLaw Import Account
This template is a joint letter for individuals who are unable to keep up with their monthly payments to creditors. It explains their current financial difficulties, often due to circumstances like illness or unemployment, and includes an offer to provide a financial statement. The letter requests that the creditor hold action on the account and freeze interest and other charges until their financial situation improves.
Holding letter for joint account - ask creditors to hold off
GitLaw Import Account
This letter is a template for individuals with a joint account to send to their creditors. It explains that they are temporarily unable to make payments due to unforeseen circumstances, such as illness, and are awaiting benefit claims. The letter requests a temporary hold on account action and a freeze on interest and charges while they assess their financial situation and propose a payment plan.
Request to write off a joint debt - letter
GitLaw Import Account
Free Payment Plan Agreement Template
GitLaw Import Account
This Payment Plan Agreement outlines the terms for a Debtor to repay an outstanding debt to a Creditor through a structured installment schedule. It details the initial payment, subsequent monthly installments, acceptable payment methods, and the consequences of failing to meet the agreed-upon terms. This ensures a clear understanding and commitment from both parties regarding the debt repayment.
Credit Account Application Form
GitLaw Import Account
This document is a credit account application form designed for individuals to apply for a new credit account. It collects essential personal, employment, and financial information, along with credit history, to allow a financial institution to assess the applicant's creditworthiness. The form also includes sections for credit preferences and an authorization for credit checks.
2013-11-03-convertible_loan_agreement
GitLaw Import Account
This document is a Convertible Loan Agreement that outlines the terms for investors to provide a loan to a company. It details how the loan can be converted into equity shares or repaid under specific conditions, including provisions for interest, events of default, and anti-dilution. This agreement is commonly used for early-stage company funding.
2013-12-01-purchase_agreement_for_convertible_note
GitLaw Import Account
This document is a Purchase Agreement for a Convertible Note, outlining the terms under which an investor provides funds to a company. It details the investment amount, interest rate, maturity date, and the conditions under which the note will convert into equity, such as a qualified financing round or a sale of the company. The agreement also includes provisions for conversion price, discount rate, and valuation cap.
2013-12-12-term_sheet_for_convertible_note
GitLaw Import Account
This document is a non-binding term sheet outlining the key terms and conditions for a convertible promissory note financing. It details how a company will raise capital from investors, including the financing amount, interest rates, maturity date, and the conditions under which the notes will convert into equity. This summary serves as a basis for discussion before a definitive agreement is drafted.
Letter Before Action - Free Legal Template
dorage
This legal document can be used as a "Letter Before Action" to formally notify a debtor of their outstanding debt, specify a final deadline for payment, and warn of impending legal action if the debt is not settled. It serves as a final opportunity for the debtor to resolve the matter amicably before legal proceedings are initiated, ensuring procedural fairness and compliance with the initial agreement and relevant laws.