To: Lone Voice in the hinterlands
Wouldn't the promissory note mean Michael owes Terri? i.e., the trust fund lent him money, and the note represents his promise to pay?
To: RusynMama
Wouldn't the promissory note mean Michael owes Terri? i.e., the trust fund lent him money, and the note represents his promise to pay? Sure, but he hasn't been held accountable for years....
532 posted on
11/08/2003 7:53:31 PM PST by
Krodg
To: RusynMama
Actually no, it is the opposite. Go look at Post#379, look at the Heading for the colum, Clearly this is an Expense, money paid from the Trust To Michael, it is under the Expense Heading.
The Debtor Execures Promissory Not TO the Creditor. Terri owes Michael.
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