Legal Question in Bankruptcy in South Carolina
I have a LLC partnership, that has a land loan on that is going into a foreclosure. When the loan was written up, they did not get both partners signature on the loan, does this make a difference now that they want to forclose on just the one partner?
Asked on 9/03/10, 1:07 pm
1 Answer from Attorneys
Jack Hall
Hall Bankruptcy Services
Generally speaking, the signature of one partner binds all.
Answered on 9/08/10, 9:12 pm
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