Promissory Notes
Promissory notes in all states are divided into two types:
- Secured notes. These documents let the borrower guarantee the refund with valuable items. For instance, debtors can offer their car or apartment as compensation (depending upon the lent amount).
- Unsecured notes. These documents do not presume such a guarantee. Usually, people prefer this type when the agreement is between relatives, friends, or close people. Another case to complete this note is the small lent amount that does not worry a lender much.
Whether you complete a secured or unsecured promissory note, you still have to keep the structure, and the information you add is the same (apart from the tangible items provided in secured notes).
If the borrower cannot refund and the situation is questionable, the creditor can use the signed promissory note in court.
Kansas Usury Laws
Each state regulates usury in its own way. Chapter 16 of the Kansas Statutes incorporates provisions about money, usury, and contracts in Kansas.
According to Section 16-201, the legal interest rate in Kansas is 10%. The general usury limit is prescribed in Section 16-207.
Document Return Service
Is your document time sensitive and need to be returned as soon as possible following your notarization appointment?
Document Printing
Document Printing (8.5 x 11 Letter Size; 25 pages maximum): B&W $0.20 per page/Color $0.35 per page.
Notary Signing Agent
We are able to work directly with lending institutions, title companies, signing services and other companies to assist with loan document signing.
Apostille Processing Assistance
NOTE: Sunflower Notary Services helps facilitate the Apostille process; we do not provide certification of any document(s).
Child ID Kits
Free child safety information and ID kits - For more information, click here: Home - McGruff Safe Kids ID Kit (mcgruffsafekit.com)
Contracts
A contract is an agreement between two parties that creates an obligation to do or refrain from doing a particular thing.