What is a Personal Guarantee and How Does it Affect Debt?

What is a Personal Guarantee and How Does it Affect Debt?

by | Sep 28, 2023 | Business

Navigating the world of finance can often feel like wondering in a maze, especially when it comes to understanding concepts like personal guarantees. So, what is a personal guarantee exactly? Simply put, a personal guarantee is a promise made by an individual—often a...