This is not legal advice for your situation*

Balloon Payment Disclosure

Document Systems, Inc.'s generic Balloon Payment Disclosure has been updated. The most significant change is that the sentence, "This loan was amortized over a ____ month period," has been added at the end of the first paragraph of the Disclosure. The defined term of "'Balloon Payment' amount", which was a parenthetical in the first paragraph, was also deleted as it was determined to be superfluous.
Back to Top



*This article is distributed to provide general information about the subject matter covered and should not be utilized as a substitute for professional advice in specific situations. If you require such advice, please consult with your own professional advisers.


Syndicate content RSS