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Does the sale of my note affect the Payor of the note in any way?

April 26, 2017affect note payor sale

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Does the sale of my note affect the Payor of the note in any way?

1 Answer

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No, the sale of your note will have no affect on the payor of the note. The terms of the debt instrument (obligation) does not change. The borrower (payor) will be given a new address to send his/her payments to.