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Infolawyer, Attorney
Category: Business Law
Satisfied Customers: 1767
Experience:  Experienced lawyer
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Is there any necessary special provision for a secured loan

Customer Question

Is there any necessary special provision for a secured loan agreement within related companies to legally avoid a fraudulent claims when and after petitioning for Ch 11?
Submitted: 5 years ago.
Category: Business Law
Expert:  Law Pro replied 5 years ago.
Are the "related companies" owned by the same people?
Customer: replied 5 years ago.
The one giving the guarantee is owned 100% by the one receiving the guarantee.
Customer: replied 5 years ago.
Why didn't you answer back? Did I miss it?