On the Hook: The Law of Personal Guaranties ("Minnesota Law, Presented by Moss & Barnett")

With tight credit and strict loan underwriting, lenders often routinely require one or more non-borrowers to personally guaranty loan repayment of a debt. Yet, when there is a loan default, the signers of personal guaranties are frequently surprised to learn the legal consequences. Terese West represents financial institutions as they enforce personal guaranties on loan defaults and discusses the law of personal guaranties.