A Personal / Corporate Guarantee is a collateral contract where an individual or corporation agrees to be responsible for the debt or obligations of an individual or company in the event that this individual or company defaults on its debt owed to a lender or creditor.
NOTICE:
The information and links contained on this web page are intended only to be merely informative and are NOT intended to provide legal advice to any person/entity. Never rely solely on the information contained on this web site or on any third-party web site. Information and/or links may not apply or be appropriate to your situation and/or may be out of date. Any person with a specific legal question or legal problem should always consult with and seek the advice of a qualified lawyer. E.&O.E.
Legal disclaimer