Legal Question in Business Law in Arizona
Law Suit and judgment
My former business partner in Arizona has fallen behind on payments to a supplier. They are going to sue me, then enter a judgment since I signed a personal guaranty several years ago. I work and reside in Texas. What can they do?
Asked on 3/19/09, 3:53 pm
1 Answer from Attorneys
Donald Scher
Donald T. Scher & Associates, P.C.
Re: Law Suit and judgment
They can sue you as guarantor and if they get a judgment, they can take it to Texas and try to collect on your assets there.
Answered on 3/19/09, 3:56 pm
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