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The Promisory Note that terri Owes Michael is still bothering me. There was plenty of money in the trust Account to Pay. Why would there be a Prom Note essentiall form Terri to Michael? We don't know how much is the overall face amount of the Prom Note we only know that on the Prom Note $3,500 ws paid out, we don't know the balance.

Say the Prom note ("Terri owes Michael")is for a couple Hunderd Thousand Dollars, that would explain why Michael is saying that there is 50,000 is less balance in the Trust Fund.

The only thing I can think of is that Michael is billing Terri for something that he is not 100% positive that he should get. He has filed a Promisorry note from Terri to himself in order to protect his weak claim. If it was not a weak claim he never would have taken a Prom Note he jsut would have written Himself a check form her Trust Account.

Of course there is a bank running the Trust so perhaps he doesn't have free reign. Perhaps the Trust Officer turned his money request down and only said that his request for $ was worth, $3,535 and so he didnt' agree so he took that $3,535 and then executed a Prom Note to make a record of the rest of the money that he feels is due to him.

Anybody else care to speculate?
439 posted on 11/08/2003 6:04:21 PM PST by Lone Voice in the hinterlands
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To: Lone Voice in the hinterlands
I have to say, this is very confusing. I never even looked at this specific angle before, with the note and all.
443 posted on 11/08/2003 6:09:41 PM PST by sfRummygirl (SAVE TERRI SHINDLER SCHIAVO...www.terrisfight.org)
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To: Lone Voice in the hinterlands
Wouldn't the promissory note mean Michael owes Terri? i.e., the trust fund lent him money, and the note represents his promise to pay?

450 posted on 11/08/2003 6:22:29 PM PST by RusynMama
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To: Lone Voice in the hinterlands; Ohioan from Florida; msmagoo; sweetliberty
For future reference, this is the Google cached page of the page that was on Terrisfight.org. about Terri's medical fund: Terri's Medical Fund is Being Used To Facilitate Her Death

That is where the info from Post 373 came from, that breaks down the fees paid out of her trust fund through Sept of 2001. It also has some other good information on it, if you haven't seen it before.

This is from the article in Post #423, dated June 3, 2001:

Records show that George Felos, Michael Schiavo's litigation attorney, has been paid more than $200,000 since 1997. Another Schiavo attorney, Deborah Bushnell, got $27,000. Schiavo himself was reimbursed almost $6,000 for legal costs.

I don't see any $6,000 disbursement to Michael, so maybe the $3,535 note payable payment is part of that? But that still leaves approx $2,500 of MS's reimbursement that doesn't show up as being paid out...

Another thing I thought was noteworthy from the St. Pete Times article mentioned above is this quote:

Last year, the clerk of court's office, which processes those requests, questioned whether Felos should receive money for speaking to the media for hours. The judge did not stop the payments to Felos, who receives $195 an hour and $225 an hour for appellate work.

So Felos was trying to get paid for his time spent spinning to the media. Wonder what other "legal fees" he had that were questionable?
748 posted on 11/09/2003 10:20:05 AM PST by iowamomforfreedom (Why is it illegal to starve an animal but not a human being?)
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