How UCCs Can Enhance Personal Guarantees
A Personal Guarantee is an individual’s legal promise to repay credit issued to a business for which they serve as a representative.
Then, in the event the business is unable to repay its debt, the individual is personally responsible to pay.
Personal Guarantees are an effective and popular credit tool, but they do have limitations. UCC filings can help!
Download this reference to learn more about how UCC filings can enhance Personal Guarantees.
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