Legal Question in Business Law in Alabama
I owned L.L.C. company and signed a credit card agreement as a member of the L.L.C. Am I Personally liable for the amount of the credit card
Asked on 2/12/11, 10:13 am
1 Answer from Attorneys
Joshua Key
The Law Offices of Joshua Key, PLLC
It depends. Most of the time credit card companies and banks will not give credit unless it is personally guaranteed by the member of the LLC. You will need to look at the paperwork that you have or obtain a copy from the company to determine if the card was obtained by giving a personal guaranty.
Answered on 4/13/11, 11:00 pm
Related Questions & Answers
-
Is it illegal to open a bikini car wash in alabama? Asked 12/31/10, 11:14 pm in United States Alabama Business Law
-
If an authorized company person sends me an email agreeing to cancel a contract, can... Asked 12/14/10, 12:42 pm in United States Alabama Business Law
-
Why is it not breaking anti-trust laws for cable or dish providers to charge one... Asked 12/03/10, 10:04 am in United States Alabama Business Law
-
Im have an llc alabama incorporation with a friend. 50/50 partnership. i am the only... Asked 11/18/10, 1:23 pm in United States Alabama Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
