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Updated over 1 year ago on . Most recent reply

Jamie Brasseal's profile image
Jamie Brasseal's profile image
Jamie Brasseal
  • Investor
  • from SF Bay Area, CA
  • Member since Apr 16, 2019
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10
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23
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Jamie Brasseal's profile image
Jamie Brasseal's profile image
Jamie Brasseal
  • Investor
  • from SF Bay Area, CA
  • Member since Apr 16, 2019
Connect
Jamie Brasseal
  • Investor
  • SF Bay Area, CA
23
Votes |
10
Posts
Private Lending & Conventional Mortgage Advice

Personal Guarantee from Borrower

Jamie Brasseal
  • Investor
  • SF Bay Area, CA
Posted

In addition to a Cognovit Promissory Note, I have a Personal Guarantee from a borrower who has defaulted on a loan. I have already initiated foreclosure proceedings.

Does anyone have experience using a Personal Guarantee to go after the borrower for payment? How did you do it? Any tips you can share?

Cleveland, Ohio
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