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Draft Repayment Agreement in Alaska for Business

How much does it cost to draft a Repayment Agreement in Alaska? Below are summary details about a user that needed to draft a Repayment Agreement in Alaska for Business. This cost data comes directly from ContractsCounsel's online marketplace. The user received 2 bids to draft the Repayment Agreement at a pricing range of $600 - $985 on a flat fee. The data includes project specifications and Repayment Agreement pricing. To review more pricing data, visit Repayment Agreement pricing.
Service type
Draft
Document type
Repayment Agreement
Location
Alaska
Client type
Business
Client industry
Business
Deadline
Less than a week
Pricing Range
$600 - $985 (Flat fee)
Number of Bids
2 bids

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Lawyers that Bid on this Repayment Agreement Project

Attorney/Counsel

(140)

3 years practicing

Free consultation

Repayment Agreement
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$300/h

Principal

(322)

38 years practicing

Free consultation

Repayment Agreement
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$450/h

Other Lawyers that Help with Alaska Projects

Attorney

(1)

14 years practicing

Free consultation

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$100/h

Other Lawyers that Help with Repayment Agreement Projects

Managing Attorney

(10)

15 years practicing

Free consultation

Repayment Agreement
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$350/h

Counsel

(1)

6 years practicing

Free consultation

Repayment Agreement
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$450/h

Associate Counsel

(58)

7 years practicing

Free consultation

Repayment Agreement
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$275/h

Chief Counsel

(6)

24 years practicing

Free consultation

Repayment Agreement
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$400/h

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Forum Questions About Repayment Agreement

Repayment Agreement

California

Asked on Mar 3, 2021

Can a repayment agreement be enforced if it was made verbally and not in writing?

I recently loaned a significant amount of money to a friend in need, and we agreed on a repayment plan where they would pay me back in monthly installments. However, we did not put this agreement in writing, and it was purely a verbal agreement. Now, my friend is refusing to make the payments, and I'm wondering if I have any legal recourse to enforce the repayment agreement even though it was not formalized in writing.

Dolan W.

Answered Mar 3, 2021

I'm so sorry about your situation! My name is Dolan. The answer is yes. Under California law, a breach of contract occurs when one party fails to fulfill a legal duty the contract created and causes damages for the plaintiff. (California Civil Jury Instructions Number 303.) The measure of damages is the amount that will compensate the aggrieved party for all the detriment caused thereby or likely to result therefrom. (Cal. Civ. Code § 3300.) Parties can also seek '"specific performance" of the agreement under section 3388 of the civil code. This applies regardless of whether the agreement was written or done orally. Typically, the aggrieved party is entitled to be returned to the same position they were in before the breach. My recommendation? Consider sending a demand letter. I have a template I drafted that you can use here - https://www.contractscounsel.com/t/document-form-checkout/119 Best of luck to you! So you can send this in any way want. It can be text, email, certified mail, or in person. I usually send letters via email because it’s faster and cheaper.

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Repayment Agreement

Massachusetts

Asked on Mar 3, 2021

Can a repayment agreement be enforced if there was no written contract or agreement?

I recently borrowed a significant sum of money from a friend to cover some unexpected medical expenses. We agreed verbally that I would repay the loan in monthly installments over a period of one year, but there was no written contract or agreement. Unfortunately, due to unforeseen circumstances, I am now facing financial hardship and am unable to make the agreed-upon payments. My friend is threatening legal action to recover the loan. Can they enforce the repayment agreement even though there is no written contract?

Laura H.

Answered Mar 3, 2021

If the final payment was scheduled for more than one year after the agreement was made, Massachusetts law generally requires a written document. Texts or emails are considered writings that may be used to fulfill this requirement. However, there may be an exception if the parties began performance. A local attorney can review the evidence to provide specific advice.

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