How a Consumer Hired a Lawyer to Draft a Master Promissory Note in Texas

In 2024, a personal client in Texas sought assistance in drafting a master promissory note to formalize a financial agreement with their former partner. Following a recent job loss, the client required a legally binding contract that would enable them to repay a loan of $30,000, which was used for house repairs and personal expenses. The client aimed to clearly outline the repayment terms, including the specifics of payment schedules based on bi-weekly income while ensuring the agreement was enforceable. As a result, the client received seven proposals from licensed attorneys, with flat fee bids ranging from $350 to $899, all submitted to meet the requested deadline of one week.