Copies and affidavits …
Since all promissory notes are negotiable instruments, a copy is just a worthless piece of paper. Anyone can make a copy of a note and file a lawsuit to collect on it. ONE WEST BANK made four (4)
It would be like going to the grocery store to purchase a loaf of bread and handing the clerk a plain paper copy of a five-dollar bill you made with your computer. You might try to offer the clerk an affidavit swearing you lost the fiver through a hole in your pocket. Isn't that what lenders are doing these days?
Since all promissory notes are negotiable instruments, a copy is just a worthless piece of paper. Anyone can make a copy of a note and file a lawsuit to collect on it. ONE WEST BANK made four (4)
It would be like going to the grocery store to purchase a loaf of bread and handing the clerk a plain paper copy of a five-dollar bill you made with your computer. You might try to offer the clerk an affidavit swearing you lost the fiver through a hole in your pocket. Isn't that what lenders are doing these days?