Personal Guarantees, secured loans, and unsecured loans are commonplace in business. What are they? Personal guarantees are sometimes viewed as anathema by the business owner. Yet, in many cases, a creditor will insist on a personal guarantee with the business owner (and his/her spouse to circumvent the tenancy by the entirety problem) before executing a…
Legal Articles
Saint Louis, Missouri Breach of Contract
Contracts play a crucial role in our day-to-day lives. They also result in quite a bit of legal disputes and litigation. Indeed, breach of contract claims are heard just about daily in Saint Louis County and Saint Louis City courts. One of the easiest ways to avoid contract disputes is to, first and foremost, have…