Legal Question in Business Law in Illinois
How often does a personal guarantee need to be updated to stay legal.
Asked on 4/04/10, 4:03 pm
1 Answer from Attorneys
David Labovitz
Labovitz Law Firm, P.A.
It's legal until it expires in accordance with the terms of the guarantee or the underlying documents it serves to guarantee.
Answered on 4/09/10, 4:14 pm
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