Legal Question in Credit and Debt Law in Alabama

If I signed a personal guarentee for a friend (Contractor) so he may purchase goods for a project and he does not pay all that is owed, when I had no control or knowledge of payments received or payments made. Do I have a defense?


Asked on 3/11/10, 12:40 pm

1 Answer from Attorneys

Judson Crump Judson E. Crump, Attorney at Law

Not against his creditors. Your only recourse is to sue your friend.

Read more
Answered on 3/16/10, 1:50 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Alabama