![]() |
|
| *Home>>>Commercial Space |
Does a personal guarentee survive a bankruptcy? |
If a tenant in a commercial lease space signs a personal guarentee, can the Landlord still hold them liable after the tenant has filed bankruptcy? Or are personal guarentees dissolved in bankruptcy? Were his personal debts discharged in the bankruptcy or the company debts or what? Any type of a contract is a personal guarantee. Just about all are absolved by bankruptcy. There are a few exceptions by state. It probably depends on what State you are in. Personal guarantees are discharged in bankruptcy. They are considered a "contingent, unliquidated claim". The only exception is if you commited an act which allows the creditor to sue you to determine your debt to be non-dischargeable. For a catalog of this sort of conduct, see 11 USC section 523(a). Principal subsections which could apply include fraud or a materially false financial statement upon which the creditor justifiably relied. |
| Tags |
| Rent Offices Business Centers Service Offices Branch Offices Temporary Offices Shared Offices Commercial Space Office Space Business Services Business Address Call Forwarding Call Handling |
| Related information |
I would suggest digging out all of your loan documents (as much as you have from the time you started working with the broker through closing) and consulting with a real estate attorney to see what... There is an extremely small amount of these materials in even a very "dirty" catalytic converter. You would be looking at parts per billion measurements of the concentration of anything ... sorry, i don't know ...A certain type of Camilla bush is used for tea. I am sure one would need at least an area of 7 * 7 ft. They are slow growing. Do you have the right conditions for it--morning sun, afternoon shade... Here's a few. Just Google it next time ... This sounds like a typical situation for commercial property. Usually the property management company will bill for utilities on a quarterly basis or semi-annual basis. At the end of the year they ... Reliance is not giving franchises. They are operating their own stores. You can also start your own store. ...I grow at least one or two heirloom tomatoes each year in addition to a few grape & cherry tomato plants, but I have a small garden space for them; I live on "wetland" (I amend the so... |
Categories--Copyright/IP Policy--Contact Webmaster |