Morrison v. Zaglool

*857In March 1998 the defendant borrowed $20,000 from the plaintiff R.A.M. Sr. Management, Inc. (hereinafter R.A.M.), and executed a promissory note in R.A.M.’s favor dated March 19, 1998. The terms of the note provided, inter alia, that it was to be repaid in equal monthly installments of $515 over a 48-month period, with the first payment due on April 1, 1998. In January 1999 the defendant borrowed $13,000 from R.A.M. and executed a promissory note in R.A.M.’s favor dated January 25, 1999. The terms of the note provided, among other things, that it was to be repaid in equal monthly installments…