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.

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Answered on 4/09/10, 4:14 pm

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