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Bank Guarantees, California

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dogedit55

Junior Member
My partners and i signed personal guarantees for a line of credit with our Bank. We are in breach of the covenants of our line and in danger of moving into "work out". My wife owns a house, in her name that she purchased long before we were married... and she has never signed the guarantees. I am not on the title for the home. Can the bank go after her asset based on my companies default?What is the name of your state (only U.S. law)?
 



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