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Angela Durham

Junior Member
What is the name of your state? Louisiana My husband is a share holder in a closed company, this company asked for a line of credit with a bank and the bank has approved it with a list of our assets and the three other share holders assets. The line of credit was issued using the company account receivables, and inventory as collatoral however the bank wants my husband to sign the paperwork as a guarantor, along with the others does this put our assets on the line should something happen to the company?

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