Category Archives: Business Law
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The Power of the Personal Guarantee
- March 14th, 2017
- Business Law
Whether you are a commercial Landlord, financing the sale of a business, a commercial Tenant, or financing the purchase of a business or real estate, you have likely heard of a personal guarantee. The question is how much does it protect you as a creditor and how much liability exposure does it create as a guarantor. Like most areas of law, the only “guarantee” your attorney should provide is “It depends....
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