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QUESTION

I signed a personal guarantee for a vendor in which I was only a manager not owner. I left the co. In April and the company defaulted in Aug am I resp

Asked on Dec 22nd, 2014 on Business Law - Kansas
More details to this question:
Am I responsible if I left in good standing in April of 2014 but the checks started to bounce in August?
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1 ANSWER

Bruce Robins
Appellate Practice Attorney serving New York, NY
Partner at Feder Kaszovitz LLP
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If you did not terminate your guaranty, then you are still liable on it.
Answered on Dec 23rd, 2014 at 12:05 PM
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