Legal Question in Business Law in Georgia
What are my options after co-signing for a business line of credit, and the primary signer has defaulted? The creditor is about to turn it over to collections.
Asked on 1/28/11, 4:13 pm
1 Answer from Attorneys
Glen Ashman
Ashman Law Office also dba Glen Ashman Attorney
You can pay it, or possibly file for bankruptcy. When you co-signed you promised to pay.
Answered on 1/29/11, 2:27 pm
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