Profile for User: commonbanker

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  • in reply to: Rolling Maturity Date on Loans #2875
    commonbanker
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    Wow…noone willing to wade in? This is either to obvious to deserve a response or a grey area. I personally think it’s black and white. A promissory note is a contract…and can only be extended past the maturity date by executing a new promissory note.

    Surely that will spur some interest in the contrary group? Would like to hear an opposing argument.

    Thanks!!

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