May 2017

Monthly Archives

  • Non-debtor guarantors can run, but they can’t hide

    As boxer Joe Louis once said, “he can run, but he can’t hide.” Although Louis was referring to his upcoming opponent Billy Conn, the same can said of a personal guarantor of a debt of a bankrupt corporation. A corporate bankruptcy may slow down a creditor’s action against the non-debtor guarantor, but it usually won’t […]