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  • Louisiana Release by Financial Institution (La. R.S._9:5172) - [FULL...

Louisiana Release by Financial Institution (La. R.S._9:5172) - [FULL RELEASE]

Category:
Louisiana Local Parish - Jefferson - District Court
State:
Louisiana
Control #:
LA-SKU-0401
Format:
PDF
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Description

Release by Financial Institution (La. R.S._9:5172) - [FULL RELEASE] Louisiana Release by Financial Institution (La. R.S._9:5172) — [FULL RELEASE] is a legal document that is signed by the borrower and the financial institution to release a loan or debt obligation. This release is used when a borrower has fully paid a loan or debt obligation to the financial institution and the financial institution agrees to release the borrower from any future obligations or liabilities associated with the loan or debt. This full release typically includes a provision that releases the borrower from any and all claims against the financial institution. There are two types of Louisiana Release by Financial Institution (La. R.S._9:5172) — [FULL RELEASE], one for secured loans and one for unsecured loans. The secured loan release typically includes a provision that releases the financial institution from any and all liens associated with the loan. The unsecured loan release does not include a lien release.

Louisiana Release by Financial Institution (La. R.S._9:5172) — [FULL RELEASE] is a legal document that is signed by the borrower and the financial institution to release a loan or debt obligation. This release is used when a borrower has fully paid a loan or debt obligation to the financial institution and the financial institution agrees to release the borrower from any future obligations or liabilities associated with the loan or debt. This full release typically includes a provision that releases the borrower from any and all claims against the financial institution. There are two types of Louisiana Release by Financial Institution (La. R.S._9:5172) — [FULL RELEASE], one for secured loans and one for unsecured loans. The secured loan release typically includes a provision that releases the financial institution from any and all liens associated with the loan. The unsecured loan release does not include a lien release.

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