Garrett H. asked

⚖️  Law

I am a personal co-borrower on a corporate note and am considering borrowing money personally to fund a settlement during the corporate bankruptcy negotiation. Is it risky for me to borrow personally, as the creditor might try to collect the money I borrowed?

May 4th, 2023

Ronald L. answered

You and the corporation are separate legal entities, so your personal borrowing does not directly af...

May 4th, 2023

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