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California
Long Beach
Garantía Personal - General

Long Beach California Garantía Personal - General - Personal Guaranty - General

Category:

Garantía - Personal

State:

Multi-State

City:

Long Beach

Control #:

US-00523A

Format:

Word

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Description

This form is a Guaranty. The form provides that the guarantor assures the full and prompt payment of all obligations incurred by the payor.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.

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Interesting Questions

What should I consider before signing a personal guaranty?

Before signing, weigh the risks and benefits. Think about your financial situation and if you can afford to shoulder the responsibility if the business doesn't pull through.

Is there a difference between a personal guaranty and a corporate guaranty?

Absolutely! A personal guaranty is when an individual guarantees the debt, while a corporate guaranty is when a corporation steps in to guarantee. One's personal, the other’s business.

Can I negotiate terms in a personal guaranty?

Yes, you can! It’s a good idea to discuss your terms, like limiting your liability or setting a cap on how much you’re responsible for. It doesn't hurt to ask.

What risks come with signing a personal guaranty?

Signing a personal guaranty means you're putting your personal assets on the line. If things go south, the lender could come after your home, savings, or anything else that’s yours.

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Long Beach California Garantía Personal - General

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Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
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Living Wills
Name Change
Power of Attorney
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Small Estates
Wills
All Forms
Forms A-Z
Form Library

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Blog
Affiliates
Contact Us
Delete My Account
Site Map
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All Guides

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