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Guest
Guest
I was 50/50 with a business partner for a restaurant in Florida. I sold my half to him last January. Recently I recieved a call from a company we were dealing with through our credit card processor. I, admittedly stupid, signed a personal guarantor for a credit card processing machine. I realize this was stupid and I also know at the time of signing the contract I did not know it was a personal guarantor contract. Short story long… am i personally responsible for this money? The company has contacted me because my ex business partner stopped paying. The restaurant was an LLC, i thought this was enough to cover my behind! I would greatly appreciate any information.
Thank you
Thank you