Is a handwritten loan paper legally binding?

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Ngày cập nhật gần nhất: 15/4/2026

Creating a handwritten loan paper legally binding? Hello Mytour, I'm Nam, I have an issue and need Mytour's advice. I lent 250 million VND to my cousin, and we both only wrote a handwritten loan paper to agree. But now my cousin is not repaying the debt even though the repayment period has long passed. So if I take this to court, can I get the money back? How long is the loan paper valid for?

Reader: Nam

The question Is a handwritten loan paper legally binding? is of interest to many people, sent to Mytour for clarification. Mytour will answer this question for you readers.

Is a handwritten borrowing paper valid?

Based on Article 471 of the Civil Code 2015, the law does not stipulate the form of property loan contracts, nor does it require the form of the contract to be notarized or authenticated. Therefore, a handwritten loan paper with the signatures of the lender and the borrower is still considered a legally valid property loan contract.

What are the obligations of the borrower according to Article 474 of the Civil Code 2005?

Article 474 of the Civil Code 2005 stipulates that the borrower has the obligation 'The borrower of money must repay the full amount when due'. Therefore, if the borrower fails to fulfill the obligation to repay the debt to the lender by the deadline stated in the handwritten loan paper, the lender can file a lawsuit to the court for the court to resolve, compelling the borrower to repay the money to the lender.

Is a handwritten loan paper legally binding?

Hoping that with the answer to the question of whether a handwritten loan paper has expired legally, readers have obtained useful information.

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