Guarantors Beware! A.R.S. § 33-814 May Not Save You from a Deficiency Judgment
By EsqSocial Corporation 18/11/13
In First Credit Union v. Courtney, 309 P.3d 929, 669 Ariz. Adv. Rep. 18 (Ct. App. 2013), the Arizona Court of Appeals rejected three creative arguments that A.R.S. § 33-814 protected the guarantors from paying on their guaranty. The opinion provides...
By: Snell & Wilmer L.L.P.