Wisconsin Affidavit of Lost Promissory Note

• Category: Promissory Notes - Lost
• State: Multi-State
• Control #: US-00408
• Format: Word; Rich Text

Description

This affidavit is for execution when an original promissory note has been lost. The form provides a description of the contents contained in the original note and the balance due on the note at the time the note was lost. The form must also be signed in the presence of a notary public. The Wisconsin Affidavit of Lost Promissory Note is a legal document used in the state of Wisconsin when a promissory note has been misplaced, lost, or stolen. It serves as an affidavit, which is a sworn statement made under oath, affirming the circumstances and details surrounding the loss of the promissory note. This affidavit is necessary in order to establish the fact that the promissory note is indeed lost, and that the holder of the note intends to claim its value or enforce its terms without possessing the physical document. The Wisconsin Affidavit of Lost Promissory Note typically contains the following information: 1. Affine Information: The affidavit begins by identifying the affine, who is the individual making the sworn statement. The affine's full legal name, address, and contact information are usually provided. 2. Lost Promissory Note Details: This section of the affidavit describes the specific details of the promissory note that has been lost. It includes information such as the date the note was executed, the original principal amount, the terms of repayment, and any specific identifying information like the note number or date of maturity. 3. Circumstances of Loss: The affidavit must include a detailed account of the circumstances under which the promissory note was lost, misplaced, or stolen. The affine should provide a clear and concise explanation of how they came to realize the loss and any efforts made to locate it. 4. Diligent Search: In order to establish that a reasonable effort has been made to locate the lost promissory note, the affine must outline the steps taken in conducting a diligent search. This may include searching through personal records, contacting relevant financial institutions, notifying any co-holders or third parties, or utilizing any available means to locate the missing document. 5. No Encumbrances: The affidavit should state that the promissory note is not subject to any encumbrances, liens, or claims held by other parties that may affect its enforceability. It is important to note that there may be different types of Wisconsin Affidavit of Lost Promissory Note forms, depending on the specific needs and circumstances. However, the key elements mentioned above will generally be included in any version of this document.

The Wisconsin Affidavit of Lost Promissory Note is a legal document used in the state of Wisconsin when a promissory note has been misplaced, lost, or stolen. It serves as an affidavit, which is a sworn statement made under oath, affirming the circumstances and details surrounding the loss of the promissory note. This affidavit is necessary in order to establish the fact that the promissory note is indeed lost, and that the holder of the note intends to claim its value or enforce its terms without possessing the physical document. The Wisconsin Affidavit of Lost Promissory Note typically contains the following information: 1. Affine Information: The affidavit begins by identifying the affine, who is the individual making the sworn statement. The affine's full legal name, address, and contact information are usually provided. 2. Lost Promissory Note Details: This section of the affidavit describes the specific details of the promissory note that has been lost. It includes information such as the date the note was executed, the original principal amount, the terms of repayment, and any specific identifying information like the note number or date of maturity. 3. Circumstances of Loss: The affidavit must include a detailed account of the circumstances under which the promissory note was lost, misplaced, or stolen. The affine should provide a clear and concise explanation of how they came to realize the loss and any efforts made to locate it. 4. Diligent Search: In order to establish that a reasonable effort has been made to locate the lost promissory note, the affine must outline the steps taken in conducting a diligent search. This may include searching through personal records, contacting relevant financial institutions, notifying any co-holders or third parties, or utilizing any available means to locate the missing document. 5. No Encumbrances: The affidavit should state that the promissory note is not subject to any encumbrances, liens, or claims held by other parties that may affect its enforceability. It is important to note that there may be different types of Wisconsin Affidavit of Lost Promissory Note forms, depending on the specific needs and circumstances. However, the key elements mentioned above will generally be included in any version of this document.