Legal expert Nate Osborn examines the importance of a personal guarantee in your small business

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Released on October 15, 2016
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Nate Osborn is a partner with the law firm Montgomery Little & Soran in Denver, Colorado. In this bonus minisode, Nate answers the following questions: What is a personal guarantee? Why do landlords and lenders want a personal guarantee? Should your spouse sign a personal guarantee in your business, and if so, what issues can arise? When should you think twice about signing a personal guarantee? What provisions should you pay special attention to in a personal guarantee? Can you ever get out of a personal guarantee after you sign one?

 

 

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