closed business...lease payment issue..

[ttcola]

after 3.5 yrs (w/ a 5yr lease) our business had to close. we now owe 1.5yrs of rent. what measures can the landlord take? can they get a judgement and attach our homes? bank accounts? i do think we signed a guaranty......

 

[Michael Wechsler]

If you signed a guarantee, which you probably did in the case of most half smart lenders to new businesses, you've got some challenges ahead... Good luck.