Today's Featured Columnists (more columns) Edith Lank Dear Ms. Lank: In 2010, two friends and I bought five housing units, signed a mortgage and created a sub chapter S corporation as the borrower. Because our corporation had no assets, the bank requested and we signed personal guarantees. Our due diligence was poorly done. In 2014, the value of these units is only one-third of what we owe on the ... Read more | Subscribe Instantly |
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