Legal Question in Business Law in Massachusetts

Personal guarantee

Let me start out by saying i have no money for an attorney. I have a court date in one week, over a signed credit application. Above my signature it states in small print(i am guaranteeing payment). I have stated two defenses. Misrepresenting credit application and duress. Was never told i was signing a personal guarantee. I was also told to fill it out asap and fax back and overnight, or i would not receive product. I would leave my hanging without product on such short notice. I had no time time to have a lawyer look it over or find other ways of getting product. Bottom line, i had been doing business with this company for many years, without any financial problems. I also have asked for a jury trial!!!


Asked on 9/29/08, 11:30 am

1 Answer from Attorneys

henry lebensbaum Law Offices of Henry Lebensbaum (978-749-3606)

Re: Personal guarantee

If that is your experience, then use these defenses.

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Answered on 9/29/08, 4:07 pm


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