Lending Information 4 You

DotCom asked:


My grandfather had his home paid off and was “talked” into getting money out of his home in a re-fi. He did this about 2 years ago and got more money out like a year ago. He was given an option payment with an adjustable rate. No one else in the family (his children) were not asked or notified about this. My question is does he have a case. He will be losing his house probably in 6 – 8 months. He is an 85 year old man and he lives on Social Security less than $2000 a month. Any help and/or information to get help would be great.

Any lawyers out there will to help out email me joe@southbayideas.com

Thanks

Chris T asked:


I’m lending my friend $1000 because he needs it to pay off some debt. It’s not that I don’t trust him but just in case something happens, I think I would feel a lot safer with a contract written up..

Does anyone know the format to do this? Do I need to go to a lawyer? I don’t want to make a huge deal out of it considering this is a friend, but I would like to have a small amount of insurance in loaning this amount out.