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Personal guarantees: When you want one & when you don’t

Personal guarantees make you accountable for your business’ debt. In this economy, however, you may be able to negotiate with your vendors. On the other hand, vendors may also be able to negotiate more favorable terms than are common under different circumstances. This video may give you some ideas from the guarantor and guarantee side. Adam J. Basch, Esq. 413-781-0560, ABasch@BaconWilson

This video has been prepared by Bacon Wilson, P.C. for informational purposes only and is not intended and should not be construed as legal advice. This information is not intended to create, and receipt of it does not constitute, a lawyer-client relationship. Viewers should not act upon this information without seeking professional counsel. Do not send us information until you speak with one of our lawyers and get authorization to send that information to us.