Legal Question in Business Law in Wisconsin

No, personally guaranteeing any business obligation is the best way to defeat the entire purpose of having a corporation, since you are in effect giving up your liability shield. Doing this is the most common single reason why small business owners usually end up needing to file a personal bankruptcy after a business failure of an incorporated entity.

Answering this question does not make me your lawyer, and I would normally not do anything else on your case without additional arrangements, although you can ask for clarifications here or also see my past answers to similar questions at http://www.avvo.com/attorneys/53401-wi-jay-nixon-1529181/answers.html?sort=recency. View over fifteen years of past answers at http://www.lawguru.com/answers/search/attorney/jknixon or www.jayknixonlaw.com. Answers may contain attorney advertising materials. .