Wednesday, January 20, 2010

What Happens If I Personally Guarantee A Business Loan What Happens When Your Spouse Personally Guartanee A Business Loan?

What happens when your spouse personally guartanee a business loan? - what happens if i personally guarantee a business loan

My spouse has personally guaranteed a loan to the company (to my knowledge). The loan was the purchase of equipment, work no more (economic) on the base. And if it is not the loan? What happens, our common heritage? More specifically, my house and car? I am not the company has its registered office. Am I responsible for these debts?

Comments and suggestions would be greatly appreciated.

2 comments:

Anonymous said...

Owning a small business, you need a special attention to the management of financial resources to pay. As you grow your business, depends in some way by your financial situation, you should always make sure not to miss in cash within or outside the company. It is true that may be the lack of funding is a major problem in the way of the success of your small business.

http://www.worldbestloans.com/businessloans.htm

Because the market is loan schemes from different companies is full, you can manage all small business owners in order to get the desired amount without any problems. So if you are a new business organization and the low financial deficit and harass you own, these loans, the best help for you.

Anonymous said...

Owning a small business, you need a special attention to the management of financial resources to pay. As you grow your business, depends in some way by your financial situation, you should always make sure not to miss in cash within or outside the company. It is true that may be the lack of funding is a major problem in the way of the success of your small business.

http://www.worldbestloans.com/businessloans.htm

Because the market is loan schemes from different companies is full, you can manage all small business owners in order to get the desired amount without any problems. So if you are a new business organization, and the low financial deficit and harass you own, these loans, the best help for you.

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